6.2
- Document type
- Policy
- Dated
- Category
- Exim Policy (upto 31/03/2001)
Import on Concessional duty
Capital goods (CG), including jigs, fixtures, dies, moulds and spares
upto 20% of the CIF value of the capital goods may be imported at 5%
Customs duty subject to an export obligation equivalent to 5 times CIF
value of capital goods on FOB basis or 4 times the CIF value of capital
goods on NFE basis to be fulfilled over a period of 8 years reckoned
from the date of issuance of licence.
For calculation of NFE, the provision of paragraph 12.6 of the Policy
shall apply.