DGFT Revises EPCG Reporting: EO Reports must be Submitted Every 4 Years with CA/CS/Cost Accountants Certification

The Directorate General of Foreign Trade (DGFT) has revised its reporting requirements for Export Promotion Capital Goods (EPCG) Scheme participants. Under the revised rule, participants must submit reports every four years, certified by a Chartered Accountant (CA), Company Secretary (CS), or a Cost Accountant. This revision aims to improve compliance and monitoring of export obligations under the EPCG scheme. The updated guidelines are expected to streamline reporting and ensure more accurate tracking of companies' adherence to the scheme’s requirements, ultimately aiding in the regulation of capital goods imports for export purposes.