EPCG -- MACHINERY TRANSFER

[Guest]

R/sir, We have Machinery purchase aginst EPCG & Same transfer to our sister concern unit . It is valid or not ? PLease guide . Regards, SNEHAL SHAH

[Snehal Kulkarni]

Yes, 

You need to apply for permission to DGFT for change of location /installation of Machines with case for shifting. Location is usually stated in EPCG, so this will be an amendment request. This will be on Delivery Challan from one factory to other,  Ensure that you take new installation certificate after you are permitted to shift machine by DGFT. Installation certificate is to be obtained from respective superitendent of excise and submitte to DGFT.
it is assumed that company is same, only you have 2 different units. Of couse, its also permitted for Group concerns

AI Summary

Change of location permission required for EPCG machinery transfers; DGFT amendment and installation certificate required. 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.