Installation of capital goods imported under epcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 April 2012
Hi,
We are procuring capital good under epcg and want to install the same at our vendors's factory who is supplying input material to us.
Can we insall the same at our vendor's factory? if yes, what is the process and condition for the same.
Rgds...
We are procuring capital good under epcg and want to install the same at our vendors's factory who is supplying input material to us.
Can we insall the same at our vendor's factory? if yes, what is the process and condition for the same.
Rgds...
RAMESH KUMAR VERMA
(Expert)
14 April 2012
yes admissible ....
Refer to para 5.3.1 of Hand Book Of Procedures vol-(1) 2009-2014
"can be install the capital goods at factory / premises of authorisation Holder or his supporting Manufacturer (s) Vendors Within 6 month from the date of completion of import"
in this regards,inform central excise officer(suptdt)[if u are registered in c.excise) otherwise before installation machine called a Independent Chartered engineer,whom will issue certificate about the installation as per provision laid down in the F.T.P. 2009-2014.
Regards,
Refer to para 5.3.1 of Hand Book Of Procedures vol-(1) 2009-2014
"can be install the capital goods at factory / premises of authorisation Holder or his supporting Manufacturer (s) Vendors Within 6 month from the date of completion of import"
in this regards,inform central excise officer(suptdt)[if u are registered in c.excise) otherwise before installation machine called a Independent Chartered engineer,whom will issue certificate about the installation as per provision laid down in the F.T.P. 2009-2014.
Regards,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- GSTR9 Annual Return
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Capital gain on commercial property and investment in residential property
- Form 144 TDS Return Validation error
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- RCM and same line
- Upload Level ValidationITR3Category of Defect B/D
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- MSME Payment Sec.43B (h)
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
