Epcg capital goods

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PANKAJ ASAWA (Querist)

25 November 2015 What is the date of completion of import in case of material imported under EPCG scheme as an Capital goods

Different type of capital goods imported under Same EPCG license like

1 Stainless steel PIPE in license serial no 1

2 Equipment in license serial no 2

3 Cables in licesnse serial no 3

4 Another Equipment in license serial no 4

Date of last BOE in all above 4 Cases is differnet like for

1st item 31.03.2015

IInd item 30.04.2015

IIIrd Item 31.05.2015

IVth Item 30.06.2015

Then Date of completion of import is 30.06.2015 for all item & insallation period of 6 Months count from 30.06.2015 or for each material count seprately

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

25 November 2015 Refer to Foreign Trade Policy para 5.01(d) "Authorisation shall be valid for import for 18 months from the date of issue of Authorisation. Revalidation of EPCG Authorisation shall not be permitted."

PANKAJ ASAWA

PANKAJ ASAWA (Querist)

28 November 2015 Sir
Thanks for your reply but here i am not talking abount validity period of license for import of capital goods.I want what is the date of compltetion of import under EPCG for calculation of installation period 6+12 months permitted under FTP 15-20

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

28 November 2015 PARA 2.18 of Policy Procedures 2015-2020

(a) Date of reckoning of import is decided with reference to date of shipment / dispatch of goods from supplying country as given in Paragraph 9.11 of Handbook of Procedures and not the date of arrival of goods at an Indian port.

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PANKAJ ASAWA

PANKAJ ASAWA (Querist)

28 November 2015 Ok but as per my query if different type of material includes in same EPCG license which is mention above then for each type of material having different date of completion of import like

1 SS Pipe : Last Shipment Date : 31.03.15
2 Eqipment I : Last shipment date : 30.04.15
3 Cables : Last Shipment Date : 31.05.15
4 Equipment II : Last Shipment Date : 30.06.15

Then What is Date of completion of import for each type of material

PANKAJ ASAWA

PANKAJ ASAWA (Querist)

07 December 2015 Sir

Awaiting your expert opinion

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