How to apply IGCR bond?
The IGCR bond (Import of Goods at Concessional Rate of Duty bond) is a crucial instrument that allows importers to avail concessional duty rates for specific goods imported for certain purposes, such as manufacturing, research, or job work, under the IGCR scheme. This bond acts as a financial guarantee, ensuring compliance with the conditions set […]
How to Register for IGCR on ICEGATE in 2025 – A Step-by-Step Guide
Looking to claim concessional duty benefits under the IGCR (Import of Goods at Concessional Rate of Duty) scheme? The process is fully online through the ICEGATE portal, and we’re here to guide you through it—step by step. 1. Register on ICEGATE Before anything else, you need to create an ICEGATE account. ✅ Create an Account […]
How to Get an IGCR Certificate in 2025?
If you’re planning to import goods at a concessional rate of duty in 2025, you’ll need to get an IGCR certificate under the Import of Goods at Concessional Rate of Duty Rules, 2017 (as amended). We know the process might seem a bit technical, but don’t worry—we’ve broken it down into clear, simple steps to […]
What is IGCR?
The Import of Goods at Concessional Rate of Duty (IGCR) scheme is a game-changer for businesses like ours that rely on manufacturing and processing. It allows us to import goods at significantly lower customs duty rates, provided they’re used for specific purposes—such as manufacturing, job work, or R&D. This means we can cut costs on […]
