Plastic Granules import

[Gopalarathnam Muralidharan]

A private limited company has IE Code and also registered under Central Excise as a dealer.   The company imports Plastic granules which neither come under Prohibited or Restricted list in terms of Foreign Trade Policy 2009 to 2014.

Now my querry is in addition to obtaining IE Code from DGFT should we to take import licence from Central Excise authorities.  Pl enlighten

AI Summary

Import licence requirements: plastic granules freely importable under OGL but end use certification may be needed when concessional duty applied.
Plastic granules not appearing on prohibited or restricted lists are freely importable and do not require an import licence; they can be imported under Open General Licence and may be stocked, sold or used for self consumption. If concessional duty was availed, an end use certificate or bond from the indirect tax authority may be required to evidence use in manufacturing finished goods.