DFCEC Scheme for Service Providers – whether import of all capital goods which are other than professional equipment or office equipment is also permissible

DFCEC Scheme for Service Providers – whether import of all capital goods which are other than professional equipment or office equipment is also permissible – reg https://www.taxtmi.com/circulars?id=1542 DFCEC permits import of spares, office equipment, furniture, professional equipment and consumables to enhance service capability; only professional equipment required for rendering services and earning free foreign exchange is allowable under DFCEC. Import of other capital goods is not permitted under DFCEC and must be pursued through the EPCG route. A corrigendum replaces "capital goods" with "professional equipment" in the customs condition, and customs formations are to issue guidance to trade and field officers. en-us Tue, 18 Nov 2003 00:00:00 +0530 Wed, 10 Jun 2009 15:17:00 +0530 TaxTMI RSS Generator DFCEC Scheme for Service Providers – whether import of all capital goods which are other than professional equipment or office equipment is also permissible – reg https://www.taxtmi.com/circulars?id=1542 DFCEC permits import of spares, office equipment, furniture, professional equipment and consumables to enhance service capability; only professional equipment required for rendering services and earning free foreign exchange is allowable under DFCEC. Import of other capital goods is not permitted under DFCEC and must be pursued through the EPCG route. A corrigendum replaces "capital goods" with "professional equipment" in the customs condition, and customs formations are to issue guidance to trade and field officers. Circulars Customs Tue, 18 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1542