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Export promotion Capital Goods Scheme: Capital goods both new and second hand, may be imported under the Export promotion Capital Goods (EPCG) Scheme. The import of second hand capital goods under the scheme shall be subject to such conditions as prescribed in the policy. Computer systems may also be imported under the EPCG scheme. Capital goods including spares upto 20% of the CIF value of the capital goods may be imported at a concessional rate of customs duty subject to an export obligation to be fulfilled over a period of time. Under EPCG scheme, capital goods for the manufacture of goods and for providing services, can be Imported at zero duty or 10% duty against an obligation to export four times of CIF value over 5 years and six times of CIF value over 8 years respectively. Import of Capital goods for farm sector may be allowed at zero duty against obligation to export six times the CIF value on FOB basis over six years, if the import of capital goods is of Rs.5 crores or more.
Denomination of Export Contracts: All export contracts and invoices shall be denominated in freely convertible currency and export proceeds shall be realised in freely convertible
Strike Perils : In marine insurance, strike perils mean events which lead to loss or damage to cargo caused by: i) Strikes, lock-out workmen or persons taking part in labour di
1. Perfect competitive and monopoly are extreme market structures,theoretically show garphically the short run equilibrium of both markets.To what extent are these markets realisti
DEFERRED CREDIT FACILITIES : Export of goods on deferred payment terms can be financed under suppliers credit or Buyer'$ credit. Let us first understand what they are. Supplie
Ii is experienced that sometimes a vaguely formulated problems introduces many difficulties in proper decision making as well as to conduct true and relevant research. A proper def
Q. How does the customer use the information obtained? A significant determinant of the extent of evaluation is whether the customer feels 'involved' in the product. By partici
How can i get the art behind the questions in VALS questionnaire ? or Where can I find the S.R.I categorization?
Advantages of --Duality in linear programming?
Q. How clear are indications of quality? The amount of effort a consumer puts into searching depends on a number of factors such as the market (how numerous competitors are t
OBJECTIVES After studying this unit, you should be able to: 1. explain the nature of export sales contract 2. distinguish between domestic sales contract and export sal
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