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Import under EPCG licence

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..... Dear Experts, We have placed an order to import machinery to X , which was cleared under EPCG licence. All shipping documents like invoice/BL/Bill of entry have been prepared in the name of supplier as X and it has customs cleared and installed in factory. At the time of physical verification by central excise authority for issuing installation certificate, it is found that Name of Y compan .....

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..... y was mentioned on machinery instead of X . No any model number was mentioned as mentioned in shipping documents and EPCG licence. We have taken the matter with X , as per him X is the representative of Y and selling goods manufactured by Y . However this fact is not mentioned in any shipping documents. Now the excise authority is denied to give positive installation certificate. Kindly .....

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..... suggest, Is the transaction is not valid for import under EPCG licence. - Reply By surya narayana - The Reply = In that situation, though the name of the manufacturer is different from the name shown in the documents ( purchase Order and proforma invoice) to DGFT along with the application, you can now submit a letter from X confirming that his principals are Y and he is agent of Y and submit th .....

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..... e same to CEX and DGFT based on which , they will issue the installation certificate since there is no change in the description of the equipment mentioned in the EPCG Authorization where the name of the supplier generally not mentioned in the licence and hence, CEX have generally no reason to raise such objection once the details of equipment and other details like model No. make etc are matching .....

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..... . Best Regards Suryanarayana - Reply By Atul Deshmukh - The Reply = Agreed with Shri Surya Narayana ji, The nexus has to be established between capital goods ( machinery etc. ) applied under EPCG scheme and actually imported and installed by the importer. No way excise authority should raise query about the source of the machinery. Rather they should check the nexus and not the source. Ask ex .....

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..... cise officer the CBEC Notification / circular / Public Notice etc. in support of their refusal of issuance of installation certificate. - Import under EPCG licence - Query Started By: - Narendra Soni Dated:- 12-4-2016 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma .....

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..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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