I represent a Pharma R&D Center in Bangalore set up recently and in the process of starting activity for development projects for South East Asian, US, Australian and European regulated and non regulated markets thus infusing foreign revenue into India from such projects.
In order to execute such projects facility requires to import critical analytical and formulation lab equipments from the US, Europe,Singapore and Japan ports of origin, orders which are majorly placed in USD, CHF, EUROS currency.
Request your expedited advise and suggestions on procedure to participate in EPCG scheme, obtain license, compliance, obligations wrt Excise and Customs.
CAclubindia
