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export of imported goods

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(Querist)
03 July 2010 Experts...
Machinery has to be imported for trial run.What is the importation procedure like billing, duty payable etc.,?


Note : This is to be exported after trial run(demo). What is the exportation procedure?
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
12 July 2010 DEAR ,

BEFORE ANY IMPORTATION ALL THE REQUIREMENTS WILL BE FULFILLED i.e :-

(A) IEC NO. AND OPENED THE EEFC ACCOUNT
(B)REQUEST FOR ISSUANCE THE EPCG LICENCE SO THAT DUTY WILL EXEMPT IN LIEU OF DUTY PAID , YOU MUST FULFILLED THE EXPORT OBLIGATION AS PER LAID DOWN IN THE FOREIGN TRADE POLICY 2009-2014

R.VERMA
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