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Spares imported under Zero Duty EPCG Scheme - Installation certificate thereof - Customs - Import - Export - Customs - SEZ

Customs - Started By: - vinay wakde - Dated:- 3-12-2015 Last Replied Date:- 4-12-2015 - We have imported spares under zero duty Export Promotion of Capital Goods (EPCG) scheme. As per the Customs Notification No. 64/2008 - Customs dated 09.05.2008, the installation certificate for spares is required to be produced to Customs authorities within a period of three years from the date of importation. However, some of the spares are installed after lapse of three years for which the Excise authority .....

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e for above query immensely help us to settle the matter. - Reply By Vishal Kulkarni - The Reply = Dear Mr. Wakde,You are required to pay entire Customs duty ( BCD+CVD+CVD Cesses + BCD Cesses+ SAD) deferred while importing spares duty free along with interest towards the said non compliance. However, you are eligible to avail CENVAT Credit on CVD,CVD Cesses and SAD which will reduce your financial impact considerably.Also, you can explore an option to approach DGFT, redressal committee in Delhi .....

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