TaxTMI 
TaxTMI 
EPCG -- MACHINERY TRANSFER
10 Jan 2011 
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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. (AI Summary)
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)
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