Duty-Free Import Authorization (DFIA) Scheme

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This is also one of the export incentive schemes the government has introduced by combining the DEEC (Advance Licence) and DFRC to help exporters get free imports of certain products. This scheme allows exporters to make normal allowance for wastage, fuel, energy, catalyst, etc.

6. Zero Duty EPCG (Export Promotion Capital Goods) Scheme
EPCG scheme, applies to exporters of electronic products. Under this scheme, the import of capital goods for production, pre-production, and post-production is allowed at zero percent customs duty if the export value is nepal phone number list at least six times the duty saved on capital goods imported. The exporter needs to verify this value (Export Obligation) within six years of the issuing date.

7. Post Export EPCG Duty Credit Scrip Scheme
Under the Post Export EPCG Duty Credit Scrip Scheme, exporters who aren’t sure about paying the export obligation can obtain an EPCG licence and pay the duties to the customs officials.

The EPCG duty credit script is issued to the exporters who import capital goods by making payment of duties through cash. Once they fulfil the export obligation, they can claim a refund of the taxes paid.

8. Towns Of Export Excellence (TEE)
Towns that produce and export goods above a particular value in the identified sectors are known as Towns of Export Excellence (TEE). These towns will be given a special status based on their performance and potential in exports that make substantial contributions to the country’s exports and help nations reach new markets.