How to save the custom duty on Import of capital good?
For your information it will be used in Green House i.e. for Agriculture and we have the plan of Export in future.
RAHUL MAHAJAN (CA) (166 Points)
04 October 2012How to save the custom duty on Import of capital good?
For your information it will be used in Green House i.e. for Agriculture and we have the plan of Export in future.
Rama Krishnan
(MBA)
(571 Points)
Replied 04 October 2012
YOU CAN AWAIL EITHER OF THE OPTIONS
1. TAKE EPCG LICENCE FOR 0% CUSTOMS DUTY, EXPORT OBLIGATION NEED TO BE DONE WHICH 6 TIMES OF DUTY SAVED IN 6 YEARS,
2. TAKE EPCG LICENCE FOR 3% CUSTOMS DUTY, EXPORT OBLIGATION IN SUCH CASE WILL BE 8 TIMES OF DUTY SAVED IN 8 YEARS
YOU CANNOT AVAIL 0% EPCG AND SHIS SCHEMES IN SAME FINANCIAL YEAR
RAHUL MAHAJAN
(CA)
(166 Points)
Replied 04 October 2012
Thanks for reply...
Can you tell me the procedure of obtain EPCG license and period?
My company is private limited in Gurgaon and we have the Import Export Code.
Sanjay Dobal
(AO)
(31 Points)
Replied 05 October 2012
Go to https://dgft.gov.in/ and write down the procedure from Hanbook of procedure
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