Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Imports of Molds under EPCG - Supporting manufacturer

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir, We have planned for new plant at Nashik, Maharashtra, India. We will be supply material to M M from Nashik. For production of Parts, Mahindra has/will be Imported/importing Molds under EPCG. Those molds will be unloaded at Nashik Plant as we are supporting Manufacturer of M M in EPCG. Now, due to some unavoidable issues such as building was not ready Molding machine required for p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arts production may not be available till the time of production, we will not be able to unloading the molds and and start production at Nashik Unit. this will be sorted out in next 3-4 months. We have a Plant at Chakan, Maharashtra and a out side supplier have a required tonnage machine. M M can change supporting address as Chakan instead of Nashik. My query : Is there is any option to un .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... load the machines received under EPCG and sent is to supplier for production for temporary period. PLEASE GUIDE. IT IS LITTLE URGENT. THANKS __/\__ - Reply By RAJA SWAMINATHAN - The Reply = Should make application to Customs authority as provided in Clause No 5.2 of Foregin trade Policy by the EPCG holder for change in the location. (EPCG scheme covers manufacturer exporters wit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h or without supporting manufacturer(s), merchant exporters tied to supporting manufacturer(s) and service providers. Name of supporting manufacturer(s) shall be endorsed on the EPCG Authorisation before installation of the capital goods in the factory /premises of the supporting manufacturer (s). In case of any change in supporting manufacturer (s) the RA shall intimate such change to jurisdictio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nal Customs Authority of existing as well as changed supporting manufacturer(s) and the Customs at port of registration of Authorisation.) - Reply By Kishan Barai - The Reply = Public / Private Customs Bonded Warehouses may be set up in DTA as per Chapter-IX of Customs Act, 1962 , to import items in terms of Paragraph 2.36 of FTP . On receipt of goods, such warehouses shall keep these goo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ds for one year without payment of applicable customs duties. Goods can be cleared against Bill of Entry for home consumption, on payment of custom duty and on submission of Authorisation wherever required, after an order for clearance of such goods for home consumption is issued by competent customs authorities. In case of clearance against duty free categories/concessional duty categories, exemp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tion / concession from duty shall be allowed. - Imports of Molds under EPCG - Supporting manufacturer - Query Started By: - Santosh Mali Dated:- 22-1-2018 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates