EPCG Licence
This query is : Resolved
Dasharath Appa Pujari
(Querist)
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
Dasharath Appa Pujari
(Querist)
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
