6.8
- Document type
- Policy
- Dated
- Category
- Exim Policy (upto 31/03/2001)
Indigenous Sourcing of Capital Goods
A person holding an EPCG licence may source the capital goods from a
domestic manufacturer instead of manufacturing them. In the event of a firm
contract between the parties for such sourcing, the domestic
manufacturer may apply for the issuance of Advance Licence for Deemed Exports for the import of inputs including components
required for the manufacture of said capital goods.
The domestic manufacturer may also replenish the inputs including components after supply
of capital goods the EPCG licence holder. The export obligation
relating to the EPCG licence shall be reckoned with reference to the CIF
value of the licence actually utilised.
(This Paragraph has been amended vide NotificationNo.36(RE-00)/1997-2002 dated 29/09/2000)