Hello,
I am looking forward to start a juice bars and am interested in procuring juice extractors and other machines from a foreign vendor. I see lot of information on EPCG cover, most of them are general information and i will appreciate if i can get answers to below questions.
1. Is juice bar allowed for EPCG cover? I learned that Hotel as well as food and beverage industry is eligible but not too sure about juice bars as they are not export oriented unit so i am not sure if juice bar is eligible for it.
2. If yes then what kind of concession can I receive?
3. If yes then what do I need to do to get the EPCG cover ? What is the eligibility? Where should i apply? How much time it might take?
4. If it is no then can i partner with some hotel and get the machines and then have that hotel transfer/sell the machinery to me? Is this allowable under law?
5. If no then a final question; Do i have any option to get the concessions?
I will much appreciate your time and valuable inputs.
Regards,
Neeraj
CAclubindia
