2.55
- Document type
- Procedure
- Dated
Duty Free Import of R&D Equipment for Pharmaceuticals and Bio-technology Sector
Duty Free Import of R&D Equipment for Pharmaceuticals and Bio-technology Sector
2.55
Duty free import of goods (as specified in list 28 of Customs notification No.21/2002 dated 1.3.2002, as amended from time to time) upto 25% of FOB value of exports during preceding licensing year, shall be allowed.
The eligible unit may furnish an application given in Appendix-15A to RA concerned duly countersigned by Chartered Accountant.
In respect of duty free import of R&D equipment, units not registered with Central excise shall be allowed to give Installation Certificate issued by an independent Chartered Engineer.
2.55
Duty free import of goods (as specified in list 28 of Customs notification No.21/2002 dated 1.3.2002, as amended from time to time) upto 25% of FOB value of exports during preceding licensing year, shall be allowed.
The eligible unit may furnish an application given in Appendix-15A to RA concerned duly countersigned by Chartered Accountant.
In respect of duty free import of R&D equipment, units not registered with Central excise shall be allowed to give Installation Certificate issued by an independent Chartered Engineer.