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English definition of “EPCG Scheme”

EPCG Scheme

noun [S]     COMMERCE
abbreviation for Export Promotion Capital Goods Scheme: in India, a rule allowing a company to import capital goods used in production at a low rate of tax, on condition that the company exports goods to a particular value over a number of years
(Definition of EPCG Scheme noun from the Cambridge Business English Dictionary © Cambridge University Press)
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