TaxTMI 
TaxTMI 
sales of capital goods imported under epcg scheme
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....ales of capital goods imported under epcg scheme<br> Query (Issue) Started By: - kamal chordia Dated:- 4-9-2012 Last Reply Date:- 4-9-2012 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>An EPCG Lic....
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....ence is taken in 2004-05 on acutal user condition basis. We have imported capital goods and after fulfilment of export obligation DGFT redeemed the licence in 2009. Now Only Bond cancellation is pen....
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....ding at Custon, We want to sale the capital goods so imported, is it possible - what compliance need to be fulfill bec'z policy is cleares that actual user condition till the export obligation is ful....
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....lfill. in our case e.o. is fulfill and licence is redeemed If there is suitable notification regarding sale of capital goods so imported under EPCG Licence, Please confirm. Thanks & regards kamal ....
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.... Reply By Pradeep Khatri: The Reply: Please refer para 2(2) of the Notification No. 103 /2009-CUSTOMS dated 11 September, 2009 which enumerates that the goods imported shall not be disposed of or tra....
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....nsferred by sale or lease or any other manner till export obligation is completed. In your case, export obligation has been fulfilled therefore, you may sell the capital goods. Further, please also i....
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....ntimate to the concerned authorities in this regard.<br> Discussion Forum - Knowledge Sharing ....