Export incentives for Importing
This query is : Resolved
24 January 2023
Dear All
I am exporting some good from India to africa. The value is approximately 18 lakhs FOB. In near future I am going to import few machine for domestic use. Which benefits can I avail during import of machines. Please suggest
I am exporting some good from India to africa. The value is approximately 18 lakhs FOB. In near future I am going to import few machine for domestic use. Which benefits can I avail during import of machines. Please suggest
24 January 2023
Under the EPCG Scheme, Manufacturer exporter or a merchant exporter tied with a supporting manufacturer can import capital goods/machinery required for pre-production, production & post-production of export goods at 0% duty
24 January 2023
Dear Sir
I will be importing machine after few months, say after 8 export consignments. Can I avail the benefit of exports done before import of machines?
I will be importing machine after few months, say after 8 export consignments. Can I avail the benefit of exports done before import of machines?
24 January 2023
Yes, you can use the machine for future exports.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Accounting treatment for Fixed Assets
- Is correct entry for FDs
- Interest on public Provident Fund
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
