Requirements to import a machine

748 views 1 replies

I wanted to know all the rules and procedures to be followed to import a machine into india.

the machine is to make pulses.

Is there a need to have an import license?

Are there any other implications in any other law like TDS in income Tax?

Regards

CA Ashwani Agarwal

Replies (1)

1) you have to fill A1 form with performa invoice with bank for remittance  to the bank

party will send invoice copy ,bill of lending with machinery bill which you can give your clearing ageant which clear your machinery

if you want to save import duty you can take EPGC liceance from DGFT

if their is any hire purchase agreement then on installment TDS is applicable otherwise not

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details