Is there any provision to Import a CAR without/concessional duty by a 100% EOU for the usage of Managing Director/Director of the unit for company works?
2 Replies
shyam
(Admin Executive)
(22 Points)
Replied 30 June 2009
Satya,
There is no provision which will allow you to procure cars under duty exemption. EOUs can only procure some authorized capital goods on duty exemption. You are entitled for duty exemption only if these are part of your capital good projection. The list of authorized capital goods are listed in the Notifications 52/2003 Cus. and 22/2003 CE Dt. 31.03.2003
Regards
Shyam
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 17 February 2010
satya,
you can go the following path: - https://www.nsez.gov.in/nsezwebsite/
ramesh.arti @ yahoo.co.in
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
