Capital Goods imported under EPCG Licence

[Guest]

we have imported capital goods under EPCG licence for installation of Wire Rod Mill. Material was imported gradually from 2008 to 2009. In such case when the period of 6 months for obtaining installation certificate from completion of import will start. what will be the competion of import date in such case.

[Snehal Kulkarni]

The Installation Certificate need to take within 6 months from the date of IMPORT.

The import details needs to submit to the Local Excise Department after receipt of the CG in factory.

If the installation is taking time beyond 6 month, the reason stating the facts needs to submit to the Excise Department and after complete installation you may ask for the Installation Certificate.

Please note Installation have no resembles with the commercial production.

 

AI Summary

Installation certificate requirement-apply within prescribed timeframe from import; submit import details and seek excise justification for delays. The Installation Certificate under the EPCG scheme must be obtained within six months from the date of import of each capital goods consignment; import details must be submitted to the local excise department upon receipt at the factory. If installation exceeds six months, submit factual reasons to the excise department and request the certificate after installation completion. Installation is separate from commercial production.