EPCG Licence

This query is : Resolved

Dasharath Appa Pujari (Querist)
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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.

ravi

ravi (Expert)
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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

Dasharath Appa Pujari

Dasharath Appa Pujari (Querist)
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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.

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