Advance license - transfer
This query is : Resolved
Himanshu Jain
(Querist)
13 September 2013
Customs-
Advance Authorisation Scheme:
Can i use license received under this scheme for importing material for manufacturing at any other unit or materials has to be imported for the same location from where exports are effected??
Advance Authorisation Scheme:
Can i use license received under this scheme for importing material for manufacturing at any other unit or materials has to be imported for the same location from where exports are effected??
RAMESH KUMAR VERMA
(Expert)
23 September 2013
Advance Authorisation and/or materials imported thereunder shall not be transferable even after completion of export obligation. However, the Authorisatione will have the option to dispose off the product manufactured out of the duty free inputs once the export obligation is completed.
more information:
https://www.caclubindia.com/experts/transfer-of-epcg-licence-advance-licence--1122119.asp#.Uj_uXlNHhkg
more information:
https://www.caclubindia.com/experts/transfer-of-epcg-licence-advance-licence--1122119.asp#.Uj_uXlNHhkg
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