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

[MUKUND THAKKAR]

Please read condition carefully. than act accordingly.as per my view not advisable.

[KASTURI SETHI]

I support the views of Sh.Mukund Thakkar, Sir. Forklift is a truck and it is eligible only to mining sector. Go through Appendix 5F (serial No.4) of HBP 2015-20 as amended vide DGFT Public Notice No.47/2015-20 dated 6.12.2017.

[YAGAY andSUN]

In our view, You cannot import Fork Lift against EPCG without payment of applicable duties and taxes and there would be no nexus between Fork Lift and Manufacturing of Finished Goods. Further, Fork Lift is specifically mentioned as Non Transport Vehicle under the provisions of Motor Vehicle Act vide Notification S.O.1248(E) dtd 5th November 2004. Further you should also go through the definition of Capital Goods as mentioned in the Chapter 9 of the FTP 2015-2020 as valid till 30-09-2021.

AI Summary

EPCG eligibility: forklifts lack manufacturing nexus and are typically ineligible for duty-free import under EPCG. Forum answers state forklifts lack nexus to manufacture for EPCG use, are classified as non-transport vehicles and are listed in trade policy appendices as sector-restricted, so importing a forklift under EPCG without paying applicable duties is not supported; consult the Capital Goods definition in the FTP and the relevant appendix provisions for eligibility.