We are a leading EPGG & DGFT Consultant in Chennai. We provide consutant on import of Capital Goods in India which is Called Export Promotion Capital Goods. We have a strong team that professionaly managing the process of the EPCG & DGFT as scheduled. We assit to get EPCG License from DGFT.
The main advantage of owning a Private Limited Company is that the Liability of the shareholder limited to share held in the company. In case of fraud, would negate an owner’s limited liability protection.The Shareholder of the company would not risk losing their personal assets.
The DGFT offers Zero Duty EPCG License on Import of Capital Goods of Engineering & Electronic Products, Basic Chemical & pharmaceuticals, Apparels & Textiles, Plastics, Handicrafts, Chemicals & allied products, Leather and Leather Products subject to preproduction, Production and Post Production with export oblication of 6 times of duty saved in 6 years.
The share of private limited company cannot sell to outside buyers. Shareholder must agree to sell or transfer of shares. The RBI also instructed Banks some regulations on funding to Private Limited Company under the Companies Act.
Import Export Code is must to import or export the products. Which is a one time registration, certificate has issued based on the PAN. The IEC can be modified if necessary by the applicant. The Director General of Foreign Trade has now simplified the process to obtain the IEC