Excise duty applicability on sale of goods imported under epcg scheme

[Kamal Singh]

Goods imported under epcg licence. EO fullfilled . Does Excise duty is applicable on sale of these goods or not. Is there any notification or circular available which can support the answer.

AI Summary

Clarification Sought on Excise Duty Applicability for Goods Sold Post-Export Obligation Under EPCG Scheme A query was raised regarding the applicability of excise duty on the sale of goods imported under the Export Promotion Capital Goods (EPCG) scheme after the export obligation (EO) is fulfilled. The individual sought information on whether excise duty applies and if there are any notifications or circulars to support the answer. A response by another participant asked if the issue had been clarified, indicating that further clarification or information might still be needed.