EPCG ON IMPORT OF FORKLIFT FOR CAPTIVE CONSUMPTION

[abhishek Agarwal]

Dear Sir's

We are manufacturer exporters & status holder.

for our raw material unloading & loading we want to import forklift so can we clear the same under EPCG licence?

we are a plastic manufacturing company.

Best Regards

Abhishek

AI Summary

Forklift Import Under EPCG License Questioned; Not Eligible for Manufacturing Sector per Appendix 5F, HBP 2015-20. A manufacturer exporter inquired about importing a forklift for raw material handling under the EPCG license. Three responses advised against it, highlighting that forklifts are typically eligible for the mining sector and not for manufacturing. They referenced Appendix 5F of the HBP 2015-20 and noted that forklifts are classified as non-transport vehicles under the Motor Vehicle Act. Additionally, they suggested reviewing the definition of capital goods in Chapter 9 of the FTP 2015-2020, indicating that forklifts may not meet the criteria for duty-free import under EPCG.