10 July 2013
Dear Sir, I want to purchse indigenous machinery under EPCG Scheeme. Sir could you tell me the procedures to apply the EPCG licence and after that what are the necessary steps we follwed and which documents I have to be submitted.
10 July 2013
You can not purchase the capital goods under EPCG scheme from Indian market. EPCG scheme allows import of capital goods for pre production, production and post production at 3% Customs Duty, subject to an export obligation equivalent to 8 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 8 years reckoned from Authorisation issue-date. In case of agro units, and units in cottage or tiny sector,import of capital goods at 3% Customs duty shall be allowed subject to fulfillment of export obligation equivalent to 6 times of duty saved on capital goods imported, in 12 years from Authorisation issue- date.
10 July 2013
Dear Sir, already some people purchased machinary under EPCG. THIS CAN BE FIND IN DGFT PUBLIC NOTICE.01/(RE2013)/2009-14. CHAPTER-5 FROM 5.5 PARA
10 July 2013
Dear Sir, already some people purchased machinary under EPCG. THIS CAN BE FIND IN DGFT PUBLIC NOTICE.01/(RE2013)/2009-14. CHAPTER-5 FROM 5.5 PARA
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