Can be sold with excise duty

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..... Can be sold with excise duty
Query (Issue) Started By: - Hemant Kumar Dated:- 20-9-2011 Last Reply Date:- 22-9-2011 Central Excise
Got 1 Reply
Central Excise
Dear Sir, We have imported .....

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..... Second Hand Machinery against Zero % EPCG Licence and we have completed export obligation as per FTP. We have got export obligation discharge certificate from DGFT and we have got bond cancellation ce .....

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..... rtificate from customs. Now we want to sale the goods in the domestic market. Can be sold the goods in the domestic market with excise duty? What is the procedure for customs, DGFT and Central Exc .....

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..... ise point of view? Reply By K V V B gangadhar: The Reply: No issues from Customs and DGFT except the following. as per H.P-1 under 6.18: Maintenance of Records Every EPCG licence holder shall main .....

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..... tain for a period of 3 years from the date of redemption, a true and proper account of the exports/supplies made and services rendered towards fulfillment of export obligation under the scheme. You c .....

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..... an sell in DTA by paying applicable excise duty similar to any other machinery procured locally and proposed to sell.
Discussion Forum - Knowledge Sharing .....

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