Transfer of Machine from one branch to other branch purchased under EPCG license

[NAUSHERAWAN SM]

We are manufacturer and imported machine under EPCG license. The obligation is not completed but want to transfer the said machine to our other sister unit. Let me know the procedure and whether the machine will be cleared on payment of central excise duty on current value or it can be removed without payment of c.excise duty.

Regards,

S.M.Nausherawan

AGM, RSB Transmissions (I) Ltd.

AI Summary

Transfer of EPCG-imported capital goods: endorsed inclusion of recipient unit or EPCG committee approval permits relocation without duty
Transfer of capital goods imported under an EPCG Authorization while export obligation remains outstanding requires either endorsement by the Regional Licensing Authority to include the recipient unit in the Authorization or prior approval from the EPCG Committee/DGFT; upon endorsement the goods may be shifted without payment of central excise duty, the RLA must be intimated, and an installation certificate must be submitted within the prescribed time. The same procedure applies to temporary storage at alternate locations.