ClearFilings is providing the Consultancy services on Export Promotional Capital Goods (EPCG) in India. EPCG Consultancy provide on when they import capital Goods by Manufacturer, Merchant Exporter. EPCG License issued by the DGFT to import the Capital Goods to manufacturer the material subject to re-rexport the material equivalent to 8 times of duty saved. The Scheme well supported to Manufacturer export as they importing the Capital Goods at large discount. The Domestic manufacturer can avail the refund of excise duty when the capital goods sold to EPCG License holder in india. A domestic suppliers also eligible to import the raw material without duty and other benefits as per Act. EPCG License can be applied for Project Import Scheme (PIS) to establish a new project and expanding a existing project. A importer has to provide the Security Deposit in the Form Bank Guarantee at 2% of CIF value of the Goods to be imported under the Project Import Scheme subject to maximum Rs.1 crore. Some of the units like government and public sector undertaking are exempted from provide the security deposit under PIS.
The GST Act provides various benefits for small entrepreneurs to do the business in peace of mind.The Act will be applicable whoever having the turnover of below Rs.150 LakhsRead More
Input Service Distributor shortly called as ISD under the GST Act. A Input Service Distributor is received the invoices from the branches on the services rendered to the branches of the organization.Read More
If a registered dealer supplies to export ( both goods or service ) or supply of SEZ is considered as Zero Rated Tax under the Goods & Service Tax (GST). There is no tax applicable on the supplyRead More
The GST Council has decided the threshold limit for GST Registration . The category has divided normal & special under GST Act. The normal Category threshold limit is exceed Rs.40 LakhsRead More