Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Purchased Capital Goods under Shis Licence

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Purchased Capital Goods under Shis Licence
Query (Issue) Started By: - RAM SHARMA Dated:- 8-4-2013 Last Reply Date:- 10-4-2013 Central Excise
Got 4 Replies
Central Excise
Dear Experts, I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s it compulsory to take instalation certificate from excise department for import of capital goods under shis Licence just like as under EPCG Scheme. Thanks Reply By SANTOSH SHARMA: The Reply: Ther .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e is no requirement to get installation certificate for capital goods cleared under SHIS Scheme. Reply By Pradeep Khatri: The Reply: No installation certificate for ships and movable capital goods .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Installation certificate is not required for ships and other imported movable capital goods under EPCG and SHIS. DGFT Policy Circular No. 26/2009-14 dated 17-03-2010. In case of transport vehicle l .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ike car, asking for installation certificate is not appropriate. Kumarakam Lake Resorts v. CC (2009 (5) TMI 512 - CESTAT, BANGALORE)= (2010) 253 ELT 262 (CESTAT). In case of vehicle, installation mea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ns registration under Motor Vehicle Act/putting vehicle to use. Surya Samudra Holiday Resorts v CC (2008 (11) TMI 407 - CESTAT, MUMBAI )(2010) 256 ELT 433 (CESTAT). Reply By RAM SHARMA: The Reply: In .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... case of Machinery or Mould under EPCG Licence required to get instalation certificate. Thanks Reply By Pradeep Khatri: The Reply: Yes, it is required within Six Months from the date of importation .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of Capital Goods under EPCG.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates