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Selling capital goods from sez

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(Querist)
17 February 2013 Dear Sir,

We had imported an equipment as capital goods into SEZ by availing customs duty benefit. Now we want to sell this equipment to one of our sister concern company located in USA.
So now at time of export, is there any levy or duty to be paid to Customs? Please confirm and also explain the procedure.

Regards,
Naresh Singrakhia
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
25 February 2013 if you have fulfill the EO as per mentioned in THE EPCG LICENCE you can export .

you will be noted that NFE net foreign earning is must for you...
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Naresh Singrakhia

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Naresh Singrakhia (Querist)
27 February 2013 Dear Mr. Verma,

Thank you so much for your valuable inputs.

Regards,
Naresh Singrakhia
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
28 February 2013 thanks Naresh ji
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