5.4
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 (upto 31/03/2001)
Import of Second Hand Capital Goods
Import of Second Hand Capital Goods
Import of second hand capital goods which are not more than 10 years old shall
be allowed on surrender of SIL equivalent to 5 times the CIF value of imported
capital goods. The second hand Capital goods shall not be transferred, sold or
otherwise disposed of within a period of two years from the date of import,
except with the prior permission of the Director General of Foreign Trade