Epcg license
This query is : Resolved
07 August 2013
we Are DTA manufacturer Manufacturing machines for Textile Industry one of our customer has issued a EPCG License to Us.
by having his EPCG License Can we import the materials required for Making Textile Machine without Payment of Duty.
by having his EPCG License Can we import the materials required for Making Textile Machine without Payment of Duty.
Hemant Kumar
(Expert)
07 August 2013
How can your customer issued EPCG licence to you????
Only he(EPCG Licence holder) having rights to import materials and get benefit of EPCG scheme base on his EPCG Licence.
Only he(EPCG Licence holder) having rights to import materials and get benefit of EPCG scheme base on his EPCG Licence.
Rama Krishnan
(Expert)
10 August 2013
DEAR MR UDAY,
YES YOU CAN IMPORT THE INPUTS REQUIRED FOR MANUFACTURING TEXTILE MACHINERY, YOUR NAME HAS TO BE ENDORSED IN THE EPCG GIVEN BY YOUR SUPPLIER, THIS IS VERY WELL ALLOWED, YOUR SUPPLIER IS COMPLETE THE EXPORT OBLIGATION IN SUCH CASES
YES YOU CAN IMPORT THE INPUTS REQUIRED FOR MANUFACTURING TEXTILE MACHINERY, YOUR NAME HAS TO BE ENDORSED IN THE EPCG GIVEN BY YOUR SUPPLIER, THIS IS VERY WELL ALLOWED, YOUR SUPPLIER IS COMPLETE THE EXPORT OBLIGATION IN SUCH CASES
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