TaxTMI 
TaxTMI 
TaxTMI 
EPCG ON IMPORT OF FORKLIFT FOR CAPTIVE CONSUMPTION
X X X X Extracts X X X X
X X X X Extracts X X X X
....PCG ON IMPORT OF FORKLIFT FOR CAPTIVE CONSUMPTION<br> Query (Issue) Started By: - abhishek Agarwal Dated:- 21-12-2020 Last Reply Date:- 30-5-2021 Customs - Exim - SEZ<br>Got 3 Replies<br>Customs<br>De....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ar Sir's We are manufacturer exporters & status holder. for our raw material unloading & loading we want to import forklift so can we clear the same under EPCG licence? we are a plastic manufa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....cturing company. Best Regards Abhishek Reply By MUKUND THAKKAR: The Reply: Please read condition carefully. than act accordingly.as per my view not advisable. Reply By KASTURI SETHI: The Reply: ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... I support the views of Sh.Mukund Thakkar, Sir. Forklift is a truck and it is eligible only to mining sector. Go through Appendix 5F (serial No.4) of HBP 2015-20 as amended vide DGFT Public Notice No.....
X X X X Extracts X X X X
X X X X Extracts X X X X
....47/2015-20 dated 6.12.2017. Reply By YAGAY andSUN: The Reply: In our view, You cannot import Fork Lift against EPCG without payment of applicable duties and taxes and there would be no nexus between....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Fork Lift and Manufacturing of Finished Goods. Further, Fork Lift is specifically mentioned as Non Transport Vehicle under the provisions of Motor Vehicle Act vide Notification S.O.1248(E) dtd 5th No....
X X X X Extracts X X X X
X X X X Extracts X X X X
....vember 2004. Further you should also go through the definition of Capital Goods as mentioned in the Chapter 9 of the FTP 2015-2020 as valid till 30-09-2021.<br> Discussion Forum - Knowledge Sharing ....