The Directorate General of Foreign Trade (DGFT) on July 25, 2024, issued a notification regarding Amendments in Chapter 5 of the Handbook of Procedures (HBP) 2023, related to the Export Promotion Capital Goods Scheme to reduce the 'Compliance Burden' and enhance 'Ease of doing Business'.
The following has been stated: -
• To enhance ease of doing business and reduce the compliance burden, certain provisions of Chapter 5 related to the Export Promotion Capital Goods Scheme of the Handbook of Procedures, 2023 are amended for EPCG authorizations issued under Foreign Trade Policy.
[Trade Notice No. 15/2024-25]
