Guidelines for import of Second Hand Capital Goods

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..... Export Import Policy 1997-2002 (as amended upto 31.3.99), Para 5.29 and Para 5.30 of Handbook of Procedure Vol.1 - 1997-2002 (as amended upto 31.3.99). As per the provisions contained therein, import of second hand capital goods is Restricted and subject to import licensing procedures. Applications for such licences are considered by the Inter Ministerial Restricted Items Licensing Committee in th .....

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..... r criteria as it may deem necessary. 3. In view of the problems faced by importers who had taken substantive steps for import of second hand capital goods before 31.3.99 or under special circumstances as mentioned below, the import of second hand capital goods may be allowed by the Committee even if they do not conform to the guidelines as prescribed in Para 2 above: a) Cases where following .....

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..... e Handbook of Procedures. 4. Future applicants for import of second hand capital goods are advised to take into consideration the criteria as prescribed above before filing the applications. This issues with the approval of Director General of Foreign Trade. Sd/- (O.P. Hisaria) Deputy Director General of Foreign Trade - Circular - Trade Notice - Public Notice - Instructions - Office orde .....

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