The IGCR scheme allows businesses to import raw materials, capital goods, and consumables at reduced or zero customs duty rates.
Designed to support manufacturers and exporters, it helps reduce overall project and production costs.
Duties are only payable when imported goods are cleared for home use, giving businesses financial flexibility.
Companies must follow conditions like using imported goods for specified purposes and submitting compliance reports.
The scheme directly enhances competitiveness by lowering costs and improving margins.
Particularly beneficial for industries with heavy import dependence such as engineering, electronics, automotive, chemicals, and pharmaceuticals.
With proper compliance, IGCR becomes a sustainable cost-saving tool for both domestic producers and exporters.
Reduced Costs: Import goods at concessional or zero duty rates.
Improved Cash Flow: No upfront duty payments free up working capital.
Competitiveness: Lower production costs help businesses compete globally.
Flexibility: Applicable to both capital goods and raw materials.
Supports Growth: Ideal for businesses setting up new projects or expanding capacity.
Export Advantage: Finished goods made using concessional imports become cost-efficient in global markets.
Integration with Other Schemes: Can be combined with RODTEP, EOU, or MOOWR for maximum advantage.
Long-Term Value: Continuous duty savings with proper compliance and reporting.
Industry-wide Relevance: Helps sectors like automotive, pharma, engineering, and more reduce costs significantly.
The IGCR service at Accurate Consultants is about more than just reducing duties—it’s about creating a sustainable financial advantage for your business. With our expertise, clarity, and hands-on support, we transform complex regulatory processes into tangible savings, helping you grow stronger and compete smarter.
