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This document serves as an application form for obtaining licenses related to the import of capital goods under the EPCG (Export Promotion Capital Goods) Scheme. It includes sections for detailing
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How to fill out APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME
01
Obtain the APPLICATION FORM FOR GRANT OF LICENCES for capital goods under the EPCG scheme from the official website or relevant authority.
02
Fill in the applicant's name, address, and contact information in the designated sections.
03
Provide details of the capital goods including specifications, estimated costs, and supplier information.
04
Include the purpose of the equipment and how it aligns with the Export Promotion Capital Goods (EPCG) scheme requirements.
05
Attach necessary documents such as proof of exports, financial statements, and any previous licenses.
06
Check for completeness and correctness of all information provided in the application.
07
Submit the application form along with any required fees to the appropriate government authority.
Who needs APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
01
The APPLICATION FORM FOR GRANT OF LICENCES is needed by manufacturers or exporters who wish to import capital goods, including computers and related equipment, under the EPCG scheme to enhance their production capabilities.
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People Also Ask about
What is the procedure for redemption of EPCG license?
If the holder of an EPCG authorization has met all of the EPCG scheme's requirements, he or she must apply to the jurisdictional DGFT office for redemption/closure of the EPCG License. After thorough verification, DGFT issues a Redemption Letter indicating that you have satisfied your commitment.
Who is eligible for EPCg?
EPCG scheme covers manufacturer exporters with or without supporting manufacturer(s), merchant exporters tied to supporting manufacturer(s) and service providers. To apply for an EPCG scheme, an IEC is required.
What is the fee for Epcg?
10,000/- per authorisation. Application made beyond 6 years, for extension of block-wise EO period for regularization purpose, shall also be considered by RA concerned, with an additional late fee of Rs. 5,000/- for each year per authorisation.
What is the full form of Epcg Licence?
Export Promotion Capital Goods (EPCG) scheme is a scheme which allows an exporter to import of capital goods including spares for pre-production, production and post-production at zero Customs duty, for exports. Also, IGST on import of capital goods under EPCG is exempted till 31st March 2022.
What is the difference between advance Licence and Epcg Licence?
Both schemes are vital tools for enhancing the competitiveness of Indian exporters in global markets, but they cater to different needs: The Advance Authorization Scheme is for input-based export manufacturing, while the EPCG Scheme is for capital goods used in export production.
What is anf 5b form?
Application Form for Redemption of EPCG Authorization /Issuance of Post Export EPCG Duty. Credit Scrip) (Please see the guidelines before filing the application)
What are the capital goods allowed under the EPCG scheme?
Capital goods for the purpose of the EPCG scheme shall include: Capital Goods as defined in Chapter 11 including in CKD/SKD condition thereof; Computer systems and software which are a part of the Capital Goods being imported; Spares, moulds, dies, jigs, fixtures, tools & refractories; and.
How to get an EPCg licence?
How to apply for an EPCG license Register with the licensing authority Director General of Foreign Trade (DGFT) or log into your account. Select Services -> Online E-com Application. Select EPCG. Fill in the relevant information and upload the supporting documents, e.g. export documents like shipping bills.
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What is APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
The APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS is a formal request made by an eligible exporter to obtain licenses for importing capital goods, including computers and service equipment, under the Export Promotion Capital Goods (EPCG) Scheme, which aims to facilitate the import of necessary equipment to enhance export capabilities.
Who is required to file APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
Eligible exporters who intend to import capital goods for the purpose of enhancing their export production capacity are required to file this application form. This typically includes manufacturers or service providers with a valid IEC (Importer Exporter Code).
How to fill out APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
To fill out the application form, applicants must provide accurate details such as their IEC, business profile, description of the capital goods intended for import, and justify how these goods will enhance their export capabilities. Supporting documents, including financial statements and export performance records, need to be attached.
What is the purpose of APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
The purpose of this application form is to regulate the import of capital goods that will improve production efficiency and contribute to an increase in exports. It allows qualifying exporters to obtain necessary licenses under favorable terms set by the EPCG scheme.
What information must be reported on APPLICATION FORM FOR GRANT OF LICENCES FOR CAPITAL GOODS INCLUDING COMPUTER, COMPUTER SUB-SYSTEMS AND SERVICE EQUIPMENT UNDER THE EPCG SCHEME?
The application must report information such as the applicant's contact details, IEC number, a detailed list of capital goods intended for import, the purpose of their use, expected benefits for export performance, and any other relevant financial or operational details that demonstrate the applicant’s eligibility and intent.
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