Import of second hand machinery
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 July 2010
Hi
What are the compliances, requirements and procedure under customs and income tax act for the import of second hand machinery?
Thanks
What are the compliances, requirements and procedure under customs and income tax act for the import of second hand machinery?
Thanks
RAMESH KUMAR VERMA
(Expert)
09 July 2010
DEAR ANONYMOUS,
YOU CAN APPLY FOR EPCG LICENCE IN THIS CASE FOR EXEMPTION THE ALL THE DUTY.
T
E.O. MUST BE FULFILLED OTHERWISE, ON BREACH ELGIBLE OF FTDR ACT.
YOU WILL BE PAYBLE THE DUTY SAVED WITH INTEREST.
REGARDS
YOU CAN APPLY FOR EPCG LICENCE IN THIS CASE FOR EXEMPTION THE ALL THE DUTY.
T
E.O. MUST BE FULFILLED OTHERWISE, ON BREACH ELGIBLE OF FTDR ACT.
YOU WILL BE PAYBLE THE DUTY SAVED WITH INTEREST.
REGARDS
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