Pre operating expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 February 2012 Service charges paid for procurement of EPCG License - (for machinery which is to be Imported under EPCG License)

Whether such type of Service charges can be capitalized

we have received the Mixed opinion from experts - thus required few more opinion on the subject

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 February 2012 in case of service provider...

more information:

http://exim.indiamart.com/indian-exim-policy/handbook-procedures1-export-promotion.html

http://www.eximguru.com/exim/dgft/exim-policy/2010-2011/chapter_5_export_promotion_capital_goods_rpcg_scheme.aspx

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