Question
Consider the following about Export Promotion Capital
Goods (EPCG) Scheme:        I.           It is a trade promotion scheme implemented by the Indian government.      II.           It allows the duty-free import of capital goods for the purpose of export production in India.    III.           It was first operationalized on 1 April 2015. Which of the above statement is/are correct?Solution
About Export Promotion Capital Goods (EPCG) Scheme: ·        It is a trade promotion scheme implemented by the Indian government. ·        It allows the duty-free import of capital goods for the purpose of export production in India. ·        It was first operationalized on 1 April 2015.
Given below are two statements:
Statement I
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