Import export of capital goods

This query is : Resolved 

26 June 2013 XYZ Ltd has Imported machinery and after receipt in India They Exported on Leasing Basis, after leasing period over co again imports it back to India and again export to some one else & so on.

Whetehr Co will be held liable for custome duty for each Import and Export of this machinery?

Kindly Help me to know tax Implications under Custome Act for Leasing Trasaction?



26 June 2013 मैडम कृपया कर बताये की क्या ये सब ट्रांजक्शन ई०पी०सी०जी ० (epcg)लाएसेंस के अंडर में ही है?

27 June 2013 I just want to understand Implication this venture is yet to be executed...

27 June 2013 I DO NOT UNDERSTAND??

27 June 2013 mujhe sirf ye pata karana he ki agar usne machinery import kiya aur fir leasing term pe Export kiya Say for 1 year and Leasing period pura hone pe firse import karke dusare country me export kiya, Toh for all this import export usko Custome duty lagegi kya?

In short I want Custome Implications of Above mentioned transaction.

28 June 2013 PLEASE READ PARA 6.4(a)& b(i) to (ii) iii and iv of foreign trade policy 2009-2014

Regards,


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