Excisable goods supply to epcg lisence holder
This query is : Resolved
Hemant Joshi
(Querist)
06 August 2011
Dear sir,
I would like to know step by step procedure for Excisable Goods sold to Cust.who have EPCG License.also whant clarification at the time of removal of excisable goods from our manu.site, we liable to pay excise duty or not. with concerned Noti.Circular Ref.
Thanks,
Hemant Joshi
+919426512751
hemant_joshi1966@yahoo.co.in
I would like to know step by step procedure for Excisable Goods sold to Cust.who have EPCG License.also whant clarification at the time of removal of excisable goods from our manu.site, we liable to pay excise duty or not. with concerned Noti.Circular Ref.
Thanks,
Hemant Joshi
+919426512751
hemant_joshi1966@yahoo.co.in
RAMESH KUMAR VERMA
(Expert)
11 August 2011
SIR,
A person holding an EPCG license may source the capital goods from a domestic manufacturer instead of importing them. The domestic manufacturer supplying capital goods to EPCG license holders shall be eligible for refund of Excise Duty paid by him. In addition the indigenous supplier can import his own raw material duty free and other benefits which can be discussed ON BELOW MENTIONED LINK:-
https://www.caclubindia.com/forum/information-aboug-epcg-104797.asp
A person holding an EPCG license may source the capital goods from a domestic manufacturer instead of importing them. The domestic manufacturer supplying capital goods to EPCG license holders shall be eligible for refund of Excise Duty paid by him. In addition the indigenous supplier can import his own raw material duty free and other benefits which can be discussed ON BELOW MENTIONED LINK:-
https://www.caclubindia.com/forum/information-aboug-epcg-104797.asp
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