Epcg - 5%customs on indiginious machinery
This query is : Resolved
04 October 2013
Dear Sir,
I want to apply EPCG application for indiginious machinery. In this process, someone says 5%basic customs duty will also save on indigenous machinery. But as I known, We pay customs duty only on imported goods.Then how I can claim 5% customs duty on indiginious machinery.Sir please clarify
Thanks & Regards,
D.Sudheer babu
I want to apply EPCG application for indiginious machinery. In this process, someone says 5%basic customs duty will also save on indigenous machinery. But as I known, We pay customs duty only on imported goods.Then how I can claim 5% customs duty on indiginious machinery.Sir please clarify
Thanks & Regards,
D.Sudheer babu
08 October 2013
http://www.cbec.gov.in/customs/cs-circulars/cs-circulars03/29-2003-cus.htm
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