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Avail the benefit of Import Duty & Additional Duty

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Querist : Anonymous

Querist : Anonymous (Querist)

21 July 2010 Dear Sir
We are planning to purchase of 5 Ply Corrugated Boxes of Machines from China ( Import). It’s Cost of USD 6,22,000. We are registered under SSI Industries. Pl. give your advice that we have taken benefit of Import Duty under EPCG Scheme or another schem & Additional Duty under excise cenvate credit rule.

Kindly give your advice with custome & excise section

your earlier response is highly appreciated

Regards
Sanjeev Sharma

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 July 2010 DEAR SANJEEV SHARMA JI ,

YOU ARE PLANNING TO IMPORT OF 5 PLY COUURGATED BOX OF MACHINES FROM CHINA.

AS PER CURRENT FOREIGN TRADE POLICY 2009-2014, YOU CAN AVAIL OF THE EPCG LICENCE .

AND YOU WILL BE COMPELLED THE EXPORT OBLIGATION AFTER ISSUANCE.

REGARDS

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