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TMI BlogExport of Used capital goods imported under EPCG LicX X X X Extracts X X X X X X X X Extracts X X X X ..... Export of Used capital goods imported under EPCG Lic X X X X Extracts X X X X X X X X Extracts X X X X ..... ired. [1] The stuffing of the Capital goods at dock stuff, is there is any excise role at our factory [2] while installing the capital goods we have purchase localy auxalary/spares on which we had pais duty and taken cenvat credit, while exporting what is the implication of cenvat taken [3]Related central excise/ Custom notification under which we may export the used capital goods [4] what add ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itional documents required for easy clearance of the cargo at custom port. Thanks & regards kamal Reply By Pradeep Khatri: The Reply: * Under self removal procedure and Free shipping bill there is no requirement of sealing by Central Excise personnel. * Since you are exporting the capital goods, and on export there is no tax, hence, no need to reverse the CENVAT credit so availed on spares ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etc. * Kindly check the the provision pertaining to Re-Export of goods. * Copy of EOCD should be accompanied with the consignment. Cross reference of import invoice should be indicated on export invoice. Reply By JAYARAMAN RAMAMURTHY: The Reply: Is the export on reimport basis? Reply By kamal chordia: The Reply: no, it is imported under EPCG Scheme from x country andcurrently the capital ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods not in use therefore we are exporting used capital goods to country Y. Reply By sridhar nagavarapu: The Reply: Dear Sir, Good evening to experts, Kindly advise can i re-export the capital goods imported(in the yr 2005) under EPCG before completion of Export obligation, renctly we took 1 year extention from DGFT for fullfulment of obligation. Please reply at the earliest Thanks and rega ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rds. Reply By kamal chordia: The Reply: No, You can't re- export the capital goods so import under EPCg licence during 2005. Bec'z the Licence was issued on actual user basis till the export obligation fulfillment. However, if your export obligation is completed and DGFT issued EPDC then you can re export the same. Reply By Pradeep Khatri: The Reply: No you cannot remove the capital until unl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ess you submit EODC. X X X X Extracts X X X X X X X X Extracts X X X X
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