EPCG - Issue of installation certificate for capital goods – CBEC instructions
As per Para 5.3.2 of the Hand Book of Procedures( HBP ) ( Vol -I), [RE- 2008-09], the Authorisation holder under the EPCG Scheme shall produce to the concerned Regional Authority, a certificate from the jurisdictional Central Excise Authority, confirming installation of capital goods at factory premises of Authorisation holder or his supporting manufacturer(s) /vendor (s) within six months from the date of completion of imports
CBEC has now prescribed certain guidelines:-
(a) The certificate shall be issued by the Jurisdictional Central Excise officers only if the unit where the capital goods are installed is registered with the Central Excise Authorities.
(b) The authorisation holder seeking such a certificate shall intimate the fact of installation of the capital goods imported under EPCG scheme to the jurisdictional Superintendent of Central Excise and obtain a dated acknowledgement.
(c) The Superintendent shall verify and give the certificate within thirty days and if it is not given, the acknowledgement will be deemed to be the certificate.
Board wants the field and trade to be informed accordingly and the Board to be informed if there are any difficulties.
The amended Handbook Of Procedure was issued on 11 th April 2008 and the Board has come with the guidelines after nearly six months! And this provision was there in the Policy for the last eight years or so!
CBEC Circular NO. 14 /2008- Cus., Dated: September 26, 2008