Spares procurement policy clarified for granite EOUs: cap applies only to quarry-removed spares; no cap for in unit capital goods. Clarification explains that the five percent spares restriction applies only to quarrying equipments and spares removed to the quarry site; spares for capital goods used within the EOU for processing and manufacture of granite for export are not subject to that limit and may be procured without the five percent cap, as specified in the notifications' annexures.
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Spares procurement policy clarified for granite EOUs: cap applies only to quarry-removed spares; no cap for in unit capital goods.
Clarification explains that the five percent spares restriction applies only to quarrying equipments and spares removed to the quarry site; spares for capital goods used within the EOU for processing and manufacture of granite for export are not subject to that limit and may be procured without the five percent cap, as specified in the notifications' annexures.
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