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Policy

PARA 2.21

Document type
Policy
Dated

Import on Export basis

PARA 2.21

New or second hand capital goods, equipments, components, parts and accessories, containers meant for packing of goods for exports, jigs, fixtures, dies and moulds may be imported for export without a licence/certificate/permission on execution of Legal Undertaking/ Bank Guarantee with the Customs Authorities provided that the item is freely exportable without any conditionality/ requirement of licence/ permission as may be required under ITC (HS) Schedule II.

(Para 2.21 has been amended vide Ntf. No. 22/2002-07, Dt. 09/01/2003)

[OLD
New or second hand capital goods, equipments, components, parts and accessories, containers meant for packing of goods for exports, jigs, fixtures, dyes and moulds may be imported for export without a licence/ certificate/ permission on execution of Legal Undertaking/ Bank Guarantee with the Customs Authorities.

(Para 2.21 has been corrected vide Ntf. No. 03(RE-02), Dt. 1/5/2002)

New or second hand capital goods, equipments, components, parts and accessories, containers meant for packing of goods for exports may be imported for export without a licence/certificate/permission on execution of Legal Undertaking/ Bank Guarantee with the Customs Authorities.]

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