EPCG -- MACHINERY TRANSFER
Transfer of capital goods obtained under the EPCG scheme that changes the authorised location requires DGFT permission for change of location/installation and an amendment to the EPCG authorisation; movement should be on a delivery challan and, after DGFT permission, a new installation certificate from the Superintendent of Excise must be obtained and submitted to DGFT to regularise the transfer. (AI Summary)
TaxTMI