EPCG machinery

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..... EPCG machinery
Query (Issue) Started By: - Mithilesh Kumar Dated:- 17-10-2015 Last Reply Date:- 18-10-2015 Customs - Exim - SEZ
Got 2 Replies
Customs
Dear sir, We have import machineries .....

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..... under EPCG in 2011-2012 with 3.08 % of custom duty. These machineries were using as per agreement taken during EPCG license. Please advise can we use these machinery for rental business now. Reply .....

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..... By YAGAY AND SUN: The Reply: Till the time you don't fulfill the export obligation and submit the EODC, you cannot use machinery imported under EPCG Scheme. Reply By Mahir S: The Reply: Sir, .....

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..... Import of capital goods shall be subject to Actual User condition till export obligation is completed.
Discussion Forum - Knowledge Sharing .....

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