EPCG Licence
This query is : Resolved
27 November 2008
Dear Sir,
As we are going to import capital goods for our agri project, I want to know the actual custom duty % on these goods if we do not take EPCG benefit?
And if we take EPCG licence then at what % we have to pay the duty to the customs?
The above information is requiered for calculation of actual duty saved amount while making EPCG application to DGFT.
As we are going to import capital goods for our agri project, I want to know the actual custom duty % on these goods if we do not take EPCG benefit?
And if we take EPCG licence then at what % we have to pay the duty to the customs?
The above information is requiered for calculation of actual duty saved amount while making EPCG application to DGFT.
02 December 2008
Sir,
can i know what would be the project ?
if i am not wrong the calculation would be as:
total duty : 10%+14%+3%+3%+4% = 31.70%
diff. duty : 3% + 3% = 3.09%
duty saved : = 28.61%
the duty saved if you take EPCG LIC. would be as % mentioned above on the assessable value (i.e.basic value).
as you have not mentioned the agri product, i have take formal rate of the agri product.
regards
k.ravi
can i know what would be the project ?
if i am not wrong the calculation would be as:
total duty : 10%+14%+3%+3%+4% = 31.70%
diff. duty : 3% + 3% = 3.09%
duty saved : = 28.61%
the duty saved if you take EPCG LIC. would be as % mentioned above on the assessable value (i.e.basic value).
as you have not mentioned the agri product, i have take formal rate of the agri product.
regards
k.ravi
02 December 2008
Dear Ravi,
Thank you very much.
We are in a process to setup a Fruit processing unit.Mainly our final products will be Fruit pulp and Fruit Concentrates.
I also want to know whether these final products are excisable or not? If yes, then under which excise tariff same will fall.
Thank you very much.
We are in a process to setup a Fruit processing unit.Mainly our final products will be Fruit pulp and Fruit Concentrates.
I also want to know whether these final products are excisable or not? If yes, then under which excise tariff same will fall.
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