To procure equipment on rent from foreign

This query is : Resolved 

16 March 2013 Dear Sirs,

Our company, which is in DTA in India, needs some equipment on rent from UK.

It may be taken on rent from vendor's branch (or its subsidiary company) located in Free Trade Zone in India.

Kindly advise for procedure and duty impacts in both of above option.

Thanks in advance.

Yogin

25 March 2013 it is case of import all the proceeding will be complied under CUSTOM ACT

http://business.gov.in/taxation/import_procedures.php

http://www.quantaco.com/download/Bonnici%20India%20PRESENTATION.pdf



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