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Installation of machinery

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This query is : Resolved

S.V. Sankar (Querist)

17 December 2010 Our company say x is having central excise registration. One of our group company say Y which is also having central excise registration is situated in another place. Now my doubt is 1)whether a machinery imported by X under EPCG scheme can be installed in Y premises ? 2)Is there any restrictions under central excise and EPCG ?

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)

17 December 2010 Only merchant exporter can import capital goods under EPCG scheme , if the capital goods are installed in the factory of supporting manufacturer. In your case machine cannot be installed at Y premises.

Arbind Aggarwal

Arbind Aggarwal (Expert)

18 December 2010 The EPCG licenses are issued to a Legal Entity i.e. to the company and the details of all the palnts is provided in the application forms. The machinery can be installed in any plant of a company as the export obligation has to be fulfilled by the company and not by the plants individually.

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