Transfer of capital goods from principle place to Additional place

[Narendra Soni]

Dear Experts.

We have procured machinery in 2010,some are imported under EPCG authorisation and others are from domestic on payment of excise duty. All are installed at our principle place of business.

Now, we required to shift these machinery to our additional place of business situated in same place having same GSTIN no.

Which document i.e.stock transfer challan or Tax invoice is required to prepare for transferring these machinery from one plant to another plant located in same city having same GSTIN no.( one is principal place another is declared as additional place of business in GST certificate).

What will be value required to shown in transferring document.

Please suggest what formalities requited for DGTF, GST ,Customs office and reversal of any tax/GST/Customs duty etc.

AI Summary

Restriction on transfer of EPCG-imported capital goods requires DGFT permission and installation certification before relocation.
Relocation of capital goods procured under the EPCG scheme to an additional place of business under the same GSTIN requires prior DGFT/EPCG Committee permission and amendment of IEC and RCMC to reflect the destination unit. Movement should be on a delivery challan with an E Way Bill and insurance. EPCG-imported capital goods are subject to a prescribed non-transferability period from import; transfers within IEC/RCMC-listed units are permitted only on production of a fresh installation certificate from Customs or an independent chartered engineer, with RA-authorised extensions subject to composition fees, and a distinct regime for spares.