Dear sir,I have use edius a long time we want to import photoshop project in edius time line it is possible

Sure is.
Do it all the time.
Make a change in Photoshop, hit save and the graphic on the timline updates no problems.

i dont want to change i want to improt photoshop project in edius timeline

do you mean photoshop layers?

yes i want to improt photoshop layer in edius timeline

only premier will accept photoshop layers. otherwise if you want a bitmap file with alpha channel and masks you can also use targa (tga).

Avid also accepts Photoshop layers if I remember right.

yes not for only avid other platform also support it is possible in edius time line

No, you can not import layered Photoshop files in EDIUS. EDIUS will squeeze all layers together.

Maybe you can use Adobe After Effects.