TMI BlogImport Duty at concessional rate on MachineryX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir The Importer have place an order to the manufacturer of Italy of the Machinery to manufacture 'Vitrified Tiles' (Say 70% of total value). Some of the additional Machinery has to Import from China (Say 30% of total value). What are options to import duty free import of the machinery. If the importer doesn't want to abide to export obligation under EPCG, which are oth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er options available to the importer at the concessional rate of import duty. Your valuable opinion at earliest will be apprciated. Thanks VAPIWALA S G - RAJKOT - Reply By Pradeep Khatri - The Reply = Dear Shoeb, You may explore the possibilities under Project Import Regulation 1986 as amended from time to time for importing the machinery at concessional rate of duty. Please discuss t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his aspect with your CHA also to check the eligibility under above regulations. Regards Team YAGAY and SUN (Management and Indirect Tax Consultants) - Reply By SHOEB VAPIWALA - The Reply = Dear Sir, We are very much thankful for suggestion. But there is no such scheme at present. We request you provide us duty rate at present with a comparison import under EPCG with ZERO duty rate w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith an export obligation for 6 or 8 years. Regards. VAPIWALA S G - RAJKOT - Reply By Pradeep Khatri - The Reply = Dear Shoeb, These Project Import Regulation, 1986 under Customs Laws are still valid. Regards Team YAGAY and SUN (Management and Indirect Tax Consultants) - Reply By SHOEB VAPIWALA - The Reply = Dear Sir, If It is valid, please suggest scheme, if possible under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Project Import Regulation 1986. Regards. VAPIWALA S G - RAJKOT - Reply By Naveed S - The Reply = You can also import machinery at concessional rate of duty under following conditions:- (i) When imported from Specified Countries/Areas (ii) When imported for Specific use in Industrial Production. Notifications at concessional rate of duty already prescribed for imports referred above. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Import Duty at concessional rate on Machinery - Query Started By: - SHOEB VAPIWALA Dated:- 14-8-2014 Customs - Import - Export - Customs - SEZ - Got 5 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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