EPCG Scheme Relaxations (Highlights of foreign trade policy 2009-2014)

To increase the life of existing plant and machinery, export obligation on import of spares, moulds etc. Under EPCG Scheme has been reduced to 50% of the normal
specific export obligation.

Taking into account the decline in exports, the facility of Re-fixation of Annual Average Export Obligation for a particular financial year in which there is decline in exports from the country, has been extended for the 5 year Policy period
2009-14.