Material cleared under EPCG , Central Excise

[SURYAKANT MITHBAVKAR]

We are manufacture of Pharmaceutical Machinery &  received order from customer wherein mentioned excise duty Nil against EPCG License .

Earlier we had cleared material under EPCG  Scheme but after charging excise duty .

Pl. give advise us  whether we can cleared material with Nil excise duty on basis of Invalidation Letter received for party or to charge excise duty for the same.

 

Posts / Replies

[JAYARAMAN RAMAMURTHY]

As a manufacturer, you get the permission (with the Epcg licence of your customer) from your Excise Range and clear without excise duty.

 

regards

jr

[madhav aphale]

There is no provision or notification for clearance of goods with out excise duty or Nil duty against Invalidated EPCG Lic . The procedure is paying Terminal excise duty and claiming TED refund either by Consigner or Consignee under Deem Export Benefit.

Regards,

Madhav Aphale

 

[Pradeep Khatri]

Goods would be removed on payment of duty and Terminal Excise Duty would be claimed as per the provision mentioned in the FTP read with HBP Vol.1.