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DGFT permit

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..... DGFT permit
Query (Issue) Started By: - yujin kim Dated:- 18-8-2011 Last Reply Date:- 18-8-2011 Customs - Exim - SEZ
Got 1 Reply
Customs
Dear respected sir We have purchased molding mach .....

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..... ine 2006 1 time, 2007 1 time through EPCG scheme. it was 5% scheme.. we have paid 5%+2% duty. If we didn't complete export obligation within 8years , 8times of total saved duty, how much is the pane .....

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..... lty? first year : saved duty + saved duty * 15%, second year : saved duty + saved duty * 11% I've heard continuesly panelty is decreased, and right now panelty is increased from 15% to 18% for firs .....

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..... t year, is it correct? As per my knowledge, there is minimum export obiligation % as per block year. 1st to 2th 0% 3td and 4th 15% 5th and 6th 35% 7th and 8th 50% In our company case, 3rd and 4t .....

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..... h is passed. and 15% is not completed, then 15% of portion panelty have to be paid to DGFT? Every 30th of Apr, do we have to submit RA? What is RA? Regarding machine shifting, do you know how we ca .....

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..... n get permissiton from DGFT? We want to shift this molding machine to another company for job work, currently, we are 100% job worker, but we will start our manufacturing soon, and have a plan to ex .....

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..... port to EOU so we can complete export obligation within 5years. Please guide us for this matter. Reply By pradeep khatri: The Reply: Please provide us your e-mail id. RA means Regional Authority o .....

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..... f DGFT.
Discussion Forum - Knowledge Sharing .....

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