epcg licence

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 December 2010 Dear sir
suppose an EOU unit going to be a DTA unit after one year. can he import capital goods under epcg licence for DTA now.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 December 2010 DEAR ANONYMOUS,

YES HE CAN IMPORT AS PER HANDBOOK OF POLICY PROCEDURES 2010-2011, "PARA 5.4" ACCORDING THIS PARA AN EOU/ A RELOCATED SEZ UNIT, WHILE CONVERTING TO A DTA UNIT , MAY APPLY FOR AN EPCG AUTHORISATION IN PRESCRIBED FORMAT "NOC" SHOULD BE PRODUCED FROM CONCERNED DEVELOPMENT COMMISSIONER.

REGARDS,

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