Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Tools to be import under epcg

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

15 February 2013 We want to import new tools from under EPCG. It will installed at our supplier end. But from the said tools those products manufactured same will be sold in India only, as of now no any projections of exports.

But finished product description will be the same as per our other export product. So exporting different product we can complete Export Obligation easily. But no any nexus between tools & export product.

In the above situation can we avail EPCG benefit? Can we close said license successfully without any obligation from any government authority?

Please confirm.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

18 February 2013 pls read below mentioned link :

https://www.eximguru.com/exim/dgft/exim-policy/2012-2013/chapter_5_export_promotion_capital_goods_rpcg_scheme.aspx

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now