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TMI BlogSecond hand capital goods under EPCGX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir / Madam Good morning Shall we import second hand machinery (used) under EPCG Scheme. If no please share the notification number to understand? - Reply By KASTURI SETHI - The Reply = Dear Querist, In this context there has been changes. Read the relevant para of FTP period-wise which is as follows :- Chapter No. 5 --- Para no. 5.01 (f) of Foreign Trade Policy 2015-20 (1.4.15 to 04.12.17) ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f) Second hand capital goods shall not be permitted to be imported under EPCG Scheme. Chapter No. 5 --- Para no. 5.01 (f) of Foreign Trade Policy 2015-20 (5.12.17 to 31.3.23) (REVISED) Para No. 5.01 (f) :: DELETED Chapter No.5---- Para No.5.01 (f) of Foreign Trade Policy, 2023 (From 1.4.23 onwards) (f) Import of items which are restricted for import shall be permitted under EPCG Scheme only after ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... approval from Exim Facilitation Committee (EFC) at DGFT Headquarters. I hope you have understood. There are case laws in favour of the importer for import of second hand goods under EPCG. Scheme. Relevant period has to be ascertained. - Reply By raghunandhaanan rvi - The Reply = The import of second-hand capital goods is not allowed under the EPCG scheme, as per Appendix 5F (Sl. No. 11) of the FTP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . - Second hand capital goods under EPCG - Query Started By: - Mathi Bharathi Dated:- 14-8-2024 Last Replied Date:- 30-8-2024 Customs - Exim - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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