We are manufacturing company. We are going to purchase forklift for our company. i need to know if we purchase the forklift than what will be the output product.
Because we will use this in our plant & warehouse. how we will close this in DGFT.
13 Replies
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 20 February 2012
u can import it through the chapter-3, chapter-4 Licence Issued BY dgft.
Mukesh
(employee)
(33 Points)
Replied 20 February 2012
| Originally posted by : RAMESH KUMAR VERMA | ||
 |
u can import it through the chapter-3, chapter-4 Licence Issued BY dgft. |
 |
we will import under EPCG, but as the final product is not any export goods but it will use in our factory warehouse my query is how we will get EODC from DGFT as we have no export goods under this licence.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 20 February 2012
ARE U SERVICE PROVIDER???????????
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 21 February 2012
in case of failure to fulfill export obligation or any other condition of authorization , authorization holder shall be liable for action under FT(D&R) Act,1992, orders and rules made thereunder, provision of FTP and customs Act,1962.
Regards,
Mukesh
(employee)
(33 Points)
Replied 21 February 2012
my question is what i need to show in export output if i import a forklift under EPCG, because we will use this forklift in our factory warehouse and we are manufactureer exporter
Alok Bansal
(Consultant)
(52 Points)
Replied 02 March 2012
First of all there are issues in getting the Forklift EPCG license since it is of dual nature. To assure the same you need to approach the DGFT HQ and take the valid permission since reginal offices may give you the licnese but onus will be totally on the co. to prove the same .
Further if you get it, then you can show your general export product .
For futher clrification you may write to me at alokbeswal @ gmail.com
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 March 2012
actually i understood you are Service Provider, in this case u can not avail the benefit.
Regards,
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 March 2012
format is:
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APPENDIX 28
PROFORMA FOR SEEKING CLARIFICATIONS ON FOREIGN TRADE POLICY
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1. |
Name and address of the applicant seeking clarification.
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2. |
IEC code number |
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3. |
Brief subject of clarification
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4. |
Source (whichever is applicable)
a) Foreign Trade Policy: paragraph(s) b) Handbook (Vol.1): paragraph(s) c) ITC(HS)-Import
d) ITC(HS)-Export
e) Others
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:
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ITC Code: .......................................... Product : ............................................ ITC Code: .......................................... Product : ............................................ ........................................... |
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5. |
Current provision |
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..............................................................
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6. |
Clarification sought |
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............................................................................................................................ |
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Signature of the Applicant
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...................................................... |
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Name
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...................................................... |
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Designation
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...................................................... |
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Official Address |
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......................................................
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Place: …………………
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Tel. No. |
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Date: ………………… |
E-mail Address |
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regards,
chandresh dhulla
(2 Points)
Replied 01 April 2019
Dear sir our company for navkar corporation Ltd. Cfs import forklift under epcg. But I m confused Eodc full fill any suggestions I m service providers pls guide
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 05 April 2019
Import of Forklift may be allowed to Import under EPCG,if the forklife is used conly within the Factory premises and prove that the forklift is required for loading and unloading of final products and Raw materials.If proved and allowd manufacturer should export their final products for fulfilling the Export Obligation.
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 05 April 2019
Import of Forklift may be allowed to Import under EPCG,if the forklife is used conly within the Factory premises and prove that the forklift is required for loading and unloading of final products and Raw materials.If proved and allowd manufacturer should export their final products for fulfilling the Export Obligation.
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 10 June 2019
You can import of Forklift as Capital goods under EPCG Licence if you prove that the Fork Lift Trucks are distinctly different from ordinary trucks and are required for the purpose of loading, unloading and stacking of the material within the factory premises and are used in preproduction and post-production process in the confines of manufacturing unit ;The ‘Electric Fork Lift Truck’ is not a ‘Truck’ per se but an equipment to move material inside the factory premises.However if you do not prove the licence acn not be issued.
If your regional licencing authority of DGFT refused to issue the EPCG Licence the case may be referred to the EPCG Committee.
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