Can IGCR and EPCG Be Availed Together
Importers often wonder whether they can benefit from both the IGCR (Import of Goods at Concessional Rate) and EPCG (Export
November 8, 2025
Importers often wonder whether they can benefit from both the IGCR (Import of Goods at Concessional Rate) and EPCG (Export
IntroductionBusinesses involved in import-dependent manufacturing or large industrial setups often evaluate two duty-saving options: IGCR (Import of Goods at Concessional
For export-oriented businesses, choosing the right import incentive can significantly impact cost efficiency and cash flow. Two commonly used schemes
Introduction:India provides export-oriented businesses with schemes to reduce costs and enhance competitiveness. Two widely used schemes are IGCR (Import of
Once all your imports under the Import of Goods at Concessional Rate of Duty (IGCR) Rules, 2022) are completed, you
Businesses often evolve — new addresses, manufacturing units, or job-workers are common. When such changes occur, it’s essential to update
When importing goods at reduced or zero customs duty, Indian businesses can choose between three major schemes — IGCR, Advance
When you import goods under the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017, you pay a
When businesses import goods under the Import of Goods at Concessional Rate (IGCR) Rules, they are required to submit a
Under the Import of Goods at Concessional Rate of Duty (IGCR) Rules, importers are required to furnish a security to
The IGCR Rules, 2017 allow concessional or zero-duty import only for goods used in authorised manufacturing, processing, job work or
1. Unit-Specific Approval The IGCR scheme grants concessional duty benefits based on the unit details declared during application. The approval
No, you do not need to renew your IGCR registration every year. However, certain annual compliance steps are mandatory if
Once you apply for IGCR registration or submit a request under the Import of Goods at Concessional Rate Rules, the
Non-compliance with the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017 can lead to serious consequences for
If you’re planning to import under the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017, one of
Yes. Under the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017, Customs authorities have the power to
The IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017 were primarily designed to support manufacturers who import
The IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017 primarily apply to importers operating in the Domestic
The IGCR Rules, 2017 are built on trust and compliance. Importers availing concessional duty must follow strict timelines for filing
Importers availing concessional duty benefits under the IGCR Rules, 2017 must file periodic returns to Customs. These returns—filed monthly or
An Importer Exporter Code (IEC) is a 10-digit number issued by the DGFT (Directorate General of Foreign Trade) that is
The IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017 lay down specific conditions that importers must comply
The short answer is yes – you don’t need to hire a consultant to apply under the IGCR (Import of
When applying under the IGCR (Import of Goods at Concessional Rate) Rules, the way you structure your IGCR Application letter
The approval timeline for IGCR (Import of Goods at Concessional Rate of Duty) registration depends on the completeness of the
To avail the benefits of the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017, businesses must register
The Import of Goods at Concessional Rate of Duty (IGCR) Scheme is primarily designed to benefit manufacturers, but it is
The Import of Goods at Concessional Rate of Duty (IGCR) Scheme and regular customs duty differ mainly in purpose, applicability,
Why Was the IGCR Scheme Introduced? The Import of Goods at Concessional Rate of Duty (IGCR) Scheme was introduced by
The Import of Goods at Concessional Rate of Duty (IGCR) Scheme offers significant advantages to Indian businesses engaged in manufacturing
In Indian Customs, IGCR stands for Import of Goods at Concessional Rate of Duty. It refers to a scheme governed
No, you cannot legally import goods into India without a valid Importer Exporter Code (IEC) issued by the Directorate General
Yes, updating the Importer Exporter Code (IEC) is mandatory as per the Directorate General of Foreign Trade (DGFT). All IEC
The Importer Exporter Code (IEC) is a mandatory business identification number for anyone engaged in import or export in India.
To download your renewed IEC (Importer Exporter Code) certificate, follow these steps: 1. Visit the DGFT PortalGo to https://www.dgft.gov.in. 2.
To activate your Import Export Code (IEC), you need to ensure that all your details are updated and compliant on
To check whether your Import Export Code (IEC) is active, you can verify it online through the DGFT (Directorate General
Reactivating an IEC (Importer Exporter Code) is a straightforward process, but it must be done carefully through the official DGFT
If your Importer Exporter Code (IEC) is suspended, it means your ability to engage in import-export activities is temporarily restricted
Updating your Importer Exporter Code (IEC) is a mandatory compliance step for businesses engaged in import-export activities. The Directorate General
Updating an Importer Exporter Code (IEC) is a mandatory compliance for all businesses engaged in import or export. As per
The government fee for obtaining a new Import Export Code (IEC) is just ₹500, payable online through the DGFT portal.
The Import Export Code (IEC) is issued by the Directorate General of Foreign Trade (DGFT), and the process has become
An Import Export Code (IEC), issued by the Directorate General of Foreign Trade (DGFT), is valid for a lifetime and
No, GST registration is not compulsory for obtaining an Import Export Code (IEC). The IEC, issued by the Directorate General
No, you cannot technically “extend” your IEC (Import Export Code) in the sense of increasing its validity period, because the
If you have recently made changes to your Importer Exporter Code (IEC) details, such as updating business information, contact details,
Visit the DGFT Portal Log in with Registered Credentials 3. Access the Print IEC Section Check Renewed IEC Details Download
If you have misplaced your old Importer Exporter Code (IEC) or its certificate, you can easily retrieve it through the
Once you have obtained your Import Export Code (IEC) from DGFT, it must be registered and activated on the ICEGATE
The cost to activate or reactivate an IEC (Import Export Code) is often a concern for many import-export businesses in
If your Import Export Code (IEC) is suspended, it means your ability to import or export goods has been temporarily
To check whether your Importer Exporter Code (IEC) is active, follow these steps through the Directorate General of Foreign Trade
The Importer Exporter Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) is a mandatory license for individuals
To reactivate your Importer Exporter Code (IEC) in India, follow these steps via the DGFT portal. IECs that haven’t been
Yes, you can update your IEC (Import Export Code) even after the due date, but there are important implications to
Yes, updating your IEC (Importer Exporter Code) is mandatory under DGFT (Directorate General of Foreign Trade) regulations in India. As
To update your IEC (Importer Exporter Code), follow these steps through the DGFT (Directorate General of Foreign Trade) portal. IEC
Renewing your Importer Exporter Code (IEC) certificate in India is a straightforward but essential compliance requirement governed by the DGFT
The Importer Exporter Code (IEC), issued by the Directorate General of Foreign Trade (DGFT), is a mandatory registration for anyone
The Importer Exporter Code (IEC) is a mandatory registration for individuals or businesses engaged in import or export activities in
Updating your Importer Exporter Code (IEC) certificate is a mandatory annual compliance under DGFT guidelines. Even if there are no
If your IEC (Importer Exporter Code) is not updated on the DGFT portal by 30th June of the financial year,
To check the renewal or updation status of your IEC (Importer Exporter Code), follow these simple steps on the DGFT
The Importer Exporter Code (IEC) is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT)
No, the Importer Exporter Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) does not require annual renewal
Importers and exporters in India must ensure their Importer Exporter Code (IEC) remains active and up to date. As per
To apply for an IEC (Importer Exporter Code) online for a partnership firm, you must follow the process prescribed by
To apply for an IEC (Importer Exporter Code) online for a company in India, follow the digital procedure via the
To apply for an IEC (Importer Exporter Code) certificate online in India, you need to visit the official portal of
To apply for an IEC (Importer Exporter Code) online for a proprietorship firm in India, follow the streamlined process on
Applying for an Importer Exporter Code (IEC) online in India is a quick and fully digital process facilitated through the
To apply for an Importer Exporter Code (IEC) in India, you need to submit a few essential documents online through
No, the IEC (Importer Exporter Code) and PAN (Permanent Account Number) are not the same, but they are closely linked.
The Importer Exporter Code (IEC) certificate in India is issued by the Directorate General of Foreign Trade (DGFT), which functions
Yes, the IEC (Importer Exporter Code) is compulsory for anyone who wants to engage in import or export of goods
No, IEC (Importer Exporter Code) certificates do not expire. Once issued by the Directorate General of Foreign Trade (DGFT), an
To pay the IEC (Importer Exporter Code) application fee in India, you must complete the transaction online through the official
Any individual or business entity in India that intends to engage in the import or export of goods or services
To get IEC (Importer Exporter Code) approval in India, you must apply online through the DGFT (Directorate General of Foreign
Yes, you can get an Importer Exporter Code (IEC) without having a GST registration, but it depends on the nature
The cost of obtaining an Importer Exporter Code (IEC) license in India is quite affordable. The official government fee for
Yes, you can apply for an Importer Exporter Code (IEC) online through the official portal of the Directorate General of
The Importer of Record (IOR) is responsible for ensuring that goods are imported into a country—such as India—in full compliance
The Importer of Record (IOR) is the legally responsible party for ensuring that goods are imported into India in full
No, the Importer of Record (IOR) does not have to own the goods. Ownership and legal responsibility for import compliance
The Importer of Record (IOR) on an invoice is the person or legal entity responsible for ensuring that imported goods
The Importer of Record (IOR) is not always the buyer of the goods. While the buyer can act as the
The Importer of Record (IOR) holds significant legal and financial responsibilities in international trade. The primary liability of the IOR
The Importer of Record (IOR) and the consignee are both essential roles in international shipping, but they serve different purposes.
Whether or not you need an Importer of Record (IOR) depends on where you’re shipping and your legal presence in
The IOR (Importer of Record) fee is the charge paid to a third-party service provider who legally assumes responsibility for
An Importer of Record (IOR) is the legally recognized entity responsible for ensuring that imported goods comply with all laws
To get an Importer of Record (IOR) status in India, businesses must follow a few essential steps that ensure legal
IOR services, or Importer of Record services, refer to third-party solutions provided by companies that act as the official importer
The Importer of Record (IOR) on a Bill of Lading is usually the consignee—the person or entity legally responsible for
In India, IOR stands for Importer of Record. The IOR is the individual or legal entity officially responsible for ensuring
The WTO Customs Valuation Agreement prescribes six methods of customs valuation to determine the value of imported goods for duty
In customs, EDD stands for Extra Duty Deposit. It is a provisional amount collected by customs authorities when there is
The validity of an SVB order typically extends to 3 years from the date of its issuance. During this period,
An SVB bond is a financial guarantee furnished by an importer to Indian Customs authorities when the transaction under scrutiny
SVB Delivery refers to the final outcome issued by the Special Valuation Branch (SVB) of Indian Customs after completing its
The SVB (Special Valuation Branch) refund process applies when an importer has paid provisional customs duty pending investigation into related
Rule 5 of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 provides that when the transaction value
SVB cases refer to the valuation assessments conducted by the Special Valuation Branch (SVB) of Indian Customs when goods are
The Special Valuation Branch (SVB) is a specialized unit under the Indian Customs Department responsible for scrutinizing the valuation of
The Special Valuation Branch (SVB) offers several important benefits for importers engaged in transactions with related foreign suppliers. One of
SVB registration is essential for importers who deal with related foreign suppliers, as mandated under Rule 2(2) of the Customs
Obtaining a Special Valuation Branch (SVB) certificate is a crucial compliance requirement for importers who transact with related foreign entities.
An SVB order in customs refers to an order issued by the Special Valuation Branch (SVB) of Indian Customs. The
A bank guarantee can only be issued by a scheduled commercial bank or a financial institution authorized by the Reserve
A bank guarantee for customs is a financial instrument provided by a bank on behalf of an importer or exporter
IGCR 1 is the application form used for registration under the Import of Goods at Concessional Rate of Duty (IGCR)
The IGCR (Import of Goods at Concessional Rate of Duty) scheme is meant to support businesses by allowing them to
Rule 6 of the IGCR (Import of Goods at Concessional Rate of Duty) Scheme outlines the responsibilities of importers who
IGCR Form 3A is a crucial document under the Import of Goods at Concessional Rate of Duty (IGCR) scheme governed
Under the IGCR (Import of Goods at Concessional Rate of Duty) scheme, the customs bond amount is determined based on
The IGCR (Import of Goods at Concessional Rate of Duty) scheme allows eligible businesses to import goods at reduced customs
If you’re planning to import goods under concessional duty, registering under the IGCR (Import of Goods at Concessional Rate of
The IGCR bond (Import of Goods at Concessional Rate of Duty bond) is a crucial instrument that allows importers to
Looking to claim concessional duty benefits under the IGCR (Import of Goods at Concessional Rate of Duty) scheme? The process
If you’re planning to import goods at a concessional rate of duty in 2025, you’ll need to get an IGCR
The Import of Goods at Concessional Rate of Duty (IGCR) scheme is a game-changer for businesses like ours that rely
Welcome to our complete guide on the Special Valuation Branch (SVB)! Whether you’re a business owner, importer, or aspiring customs
Extended Producer Responsibility (EPR) is a concept that requires producers, importers, and brand owners (PIBO) of products to take responsibility
Plastic waste management in India involves a combination of policies, regulations, and programs aimed at reducing the amount of plastic
The DGFT is a government agency in India that makes rules for trading with other countries. It is part of
A digital signature certificate also known as DSC is a secure digital key that is issued by a certification authority (CA) to verify the identity of an individual or organization.
It is used to authenticate the identity of the sender of an electronic document, such as an email or a file, and to ensure that the content of the document has not been altered during transmission.