Allows import of capital goods
at 5% custom duty for
|
 |
Pre production, production and post
production.
|
 |
Spares (including refurnished reconditioned
spares), tools, jigs, fixtures, dies and
moulds.
|
| |
Second hand capital goods without any restriction
on age.
|
 |
Motor cars, sports utility vehicles/all
purpose vehicles only to hotels, travel agents,
tour operators and companies operating golf resorts
with condition |
| |
 |
Total foreign exchange in current & preceding
three licensing years is Rs. 1.5 crore or more.
|
| |
 |
Duty saved not exceed 50%of the same. |
| |
Export
Obligation |
| |
8 times
of duty saved on capital goods to be fulfilled
in 8 years from authorisation date.
Except for-
|
| |
Agro
sector |
: |
6 times of duty saved
- export obligation fulfilled in 12 years. |
SSI Units |
: |
6 times of duty saved - export obligation
fulfilled in 8 years.
|
Projects |
: |
8 times of duty saved. |
Retail sector |
: |
8 times of duty saved - export
obligation fulfilled in 8 years. |
|