Who can avail IGCR benefits?

Who can avail IGCR benefits

The IGCR (Import of Goods at Concessional Rate of Duty) scheme allows eligible businesses to import goods at reduced customs duty rates, supporting manufacturing, research, and export activities.

Eligible Entities

Manufacturers importing raw materials, components, or machinery for production can benefit from IGCR whether for domestic sale or export.

Research and Development Units in technological or scientific fields can import project-related goods at concessional rates.

Job Workers processing imported goods on behalf of manufacturers before returning them qualify for IGCR benefits.

Exporters importing goods specifically for export production can utilize the scheme.

Original Equipment Manufacturers (OEMs) importing components for finished product assembly are eligible when meeting required conditions.

Public Sector Undertakings (PSUs) engaged in manufacturing or R&D activities can also benefit.

Key Requirement

All imported goods must be used as intended under relevant customs notifications. Diverting goods to other purposes can result in revocation of concessional duty benefits.

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