transfer of imported raw material

mr. alok your query is :- A company has imported raw materials for its business. The company has obtained a duty free import licence for the same. Can this company transfer/sell some of its raw materials to another group company doing the same business? If so what are the requirements. The other company does not have any import licence. replied :- if this company address mentioned as a branch / factory office in IEC CODE and u you have mentioned the supporting manufacturer AT THE TIME OF ISSUANCE THE DFIA LICENCE / SCRIP , then you can transfer it goods. RAMESH KUMAR VERMA

 Hi Alok , 

             I am planning to Import some material ( read Scrap of Coated abrasives ) from Indonesia, can you kindly update me, if there is any scheme where in I can import "duty free ", as it is around 27 % or so otherwise , and also if there is any scheme under which we can import with a lesser duty , as we are  a SSI ( turnover of 1,20,00000 for the fin year 2009-2010 )

 Thanks and Regards

 Preetham Reddy 

 preethamreddysy @ gmail.com 

 Hi Alok , 

             I am planning to Import some material ( read Scrap of Coated abrasives ) from Indonesia, can you kindly update me, if there is any scheme where in I can import "duty free ", as it is around 27 % or so otherwise , and also if there is any scheme under which we can import with a lesser duty , as we are  a SSI ( turnover of 1,20,00000 for the fin year 2009-2010 )

 Thanks and Regards

 Preetham Reddy 

 preethamreddysy @ gmail.com