Considering the Covid-19 outbreak, the Ministry of Commerce eased norms to provide conditional one-off relief to traders in specific industries to maintain average export obligations under the capital goods scheme.

• Under the Export Promotion Capital Goods (EPCG) scheme, traders in the three sectors of hospitality, healthcare and education are not required to maintain their average export obligations for FY21 and FY22.
• They also have the option to extend their export obligations for a longer period without paying any fees.
• Under the EPCG scheme, traders can import capital goods with zero tariffs if they undertake export obligations.