hi
sub: query regarding EPCG scheme
Custom duty on import of capital good (eg. an embroidery machinery) under EPCG scheme is 3%. Now this 3% duty shows the basic custom duty as the import also includes 8% CVD so will the CVD be charged.
Also want to know details regarding EPCG scheme as you can provide regarding cash subsidy.
Waiting for your reply as soon as possible Thanks
Regards
C.A Ankit
DEAR SIR,
WE ARE AUTO PARTS MANUFACTURERS & SSI UNIT. TILL DATE WE HAVE MADE LOCAL SALES OF RS. 80 LAKHS (APPROX. )AND SALE AGST. H FORM RS. 75 LAKHS. NOW WE ARE LIABLE TO EXCISE DUTY OR NOT. WE ARE REGULARLY SUBMITTING ARE-1 AGST. SALE AGST. H FORM. PLS GUIDE US. WHERE WE CAN GET THE DEFINATION OF EXPORT SALE.
THANKS
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