Imports of Molds under EPCG - Supporting manufacturer

[Santosh Mali]

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 parts 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 unload the machines received under EPCG and sent is to supplier for production for temporary period. PLEASE GUIDE. IT IS LITTLE URGENT.

THANKS __/\__

AI Summary

Company Seeks Approval to Relocate Molds Due to Delays in Nashik Plant Setup; Considers Customs Bonded Warehouses for Storage. A company is setting up a new plant in Nashik, Maharashtra, to supply materials to a major client, M&M. Molds imported under the EPCG scheme for production are delayed due to incomplete facilities and unavailable machinery. The company seeks guidance on temporarily relocating the molds to another plant in Chakan, Maharashtra, where the required machinery is available. Responses suggest applying to Customs for location change approval under the Foreign Trade Policy and considering the use of public or private customs bonded warehouses to store the molds without customs duties for up to a year, pending necessary clearances.