DUTY PAYABLE ON REMOVAL OF CAPITAL GOODS FROM EOU UNIT

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....UTY PAYABLE ON REMOVAL OF CAPITAL GOODS FROM EOU UNIT<br> Query (Issue) Started By: - ramniranjan kandoi Dated:- 20-6-2017 Last Reply Date:- 20-8-2017 Central Excise<br>Got 1 Reply<br>Central Excise<b....

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....r>01) We recd. 1 Imported Machine under EPCG License . We have fulfilled our obligation . We have given application for redemption application to DGFT but the same is not cleared so far . What proce....

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....dure should be done for removing of the machine . 02) We are having an EOU unit .We hv recd. Imported Machine without payment of any duty . Now after two years of the receipt of the machine , we wou....

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....ld like to remove the same kindly guide about payment of duty Reply By RAMESH PRAJAPATI: The Reply: 1) you will have to take &quot;No Bond Certificate&quot; / redemption from DGFT before disposal....

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.... of CG. Please follow up with DGFT. 2) EOU you have pay back duty forgone on depriciated value as per EOU Notification No 52/2003-Cus<br> Discussion Forum - Knowledge Sharing ....