R&d cess act 1986

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mithun

mithun (Querist)
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06 February 2012 whether import of manufacturing process attract R&D ces?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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06 February 2012 AS PER CURRENT FOREIGN TRADE POLICY Validity of import / export Authorisation from date of issue shall be as follows, unless specified otherwise:

(i) Advance Authorisation / DFIA
(including Advance Authorisation
for annual requirement, and
Replenishment Authorisation for
Gem & Jewellery as per Chapter-
4 of FTP) 24 months

(ii) a For Zero duty EPCG
Authorisations (other than spares) 9 months

(ii) b For 3% EPCG Authorisations
(other than spares) 36 months

(iii) EPCG Authorisation for Spares, refractories, catalyst and
consumables Co-terminus with EOP of EPCG Authorisation

(iv) Others including CCP and DEPB,
unless otherwise specified 24 months

(v) Advance Authorisation / DFIA for deemed export (including Advance Authorisation for annual requirement) 24 months or Co-terminus with contracted
duration of project execution,
whichever is later.
(vi) Export Licence / Authorisation 12 months
(However, EFCmay decide toissue ExportAuthorisation fora longer duration
in case of R&Dstudies based on recommendation of technical authority)

For More Information :

https://www.eximguru.com/exim/dgft/exim-procedures/2010-2011/chapter_2_general_provisions_regarding_exports_imports.aspx

Manoj Malpani

Manoj Malpani (Expert)
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06 February 2012 R & D Cess in applicable on technology transfer. In most of the cases manufacturing process transfer involves transfer of manufacturing technology..

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