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secend hand capital goods import

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..... secend hand capital goods import
Query (Issue) Started By: - GANESH IYER Dated:- 23-8-2012 Last Reply Date:- 30-8-2012 Customs - Exim - SEZ
Got 6 Replies
Customs
can we have the clarifica .....

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..... tion on the residul life of the secend hand machinary import..under duty paymnet or EPCG.. is there any mininmum shelf life requirement ?? Ganesh Reply By Pradeep Khatri: The Reply: Under para 5. .....

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..... 2(g) of the FTP 2009-2014, Second Hand capital goods, without any restriction on age, may also be imported under EPCG Scheme. Reply By GANESH IYER: The Reply: sir, thanks !! the age restriction is .....

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..... not there but what is in quistion is the shelf life of the machine is there or not... Reply By Pradeep Khatri: The Reply: Should be alleast around 10 years. Reply By GANESH IYER: The Reply: thank .....

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..... s !! this is mentioned in policy or handbook?? any customs circular or instructions?? Reply By Pradeep Khatri: The Reply: It is nowhere mentioned but derived from old policies. Reply By Pradeep Kha .....

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..... tri: The Reply: For your kind information:- Restriction on used capital goods import:- The Government will soon impose restrictions on import of used capital goods to protect domestic manufacturers .....

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..... and increase their competitiveness, a top official said on 08-08-2012. Source:- Business Standard, New Delhi, dated 09-8-2012.
Discussion Forum - Knowledge Sharing .....

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