TaxTMI 
TaxTMI 
bank guarantee value
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....ank guarantee value<br> Query (Issue) Started By: - simran oberoi Dated:- 12-2-2019 Last Reply Date:- 18-3-2019 Customs - Exim - SEZ<br>Got 3 Replies<br>Customs<br>I need to import 2nd machine for whi....
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....ch i am applying EPCG. how much is the bank guarantee i have to provide to customs for clearing the machine . note :- i am not registered with Central excise an company is formed on 6 june 2016 (aft....
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....er GST ) already exported around 35 lac in 8 months .( only exports). since first machine cleared under 100 percent bank guarantee till now. we are manufacturer exporter and not third party exporter....
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..... Thanks for your help Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: It will be decided by the Authority concerned considering the value of the machine and other factors. Reply By simran oberoi:....
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.... The Reply: dear Sir . The value of he machine is approximately INR:- 1,21,40000. The total IGST :- 18 percent and approximately customs :- 9 percent . If the EPCG is issued with both considering....
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.... IGST and customs i.e 27 percent . The Bank guarantee amount will be either 100 percent of 27 percent or 15 percent of 27 percent We are already manufacturer exporter but do not have central excis....
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....e number and are exporting since last 9 months only . Reply By raghunandhaanan r vi: The Reply: Hi Import of Second hand capital goods not allowed under EPCG Scheme as per Appendix 5F of Handbook....
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