Import of second hand (5 years old) machinery without payment of duty

[Narendra Soni]

Dear Experts,

We are to import second hand (5 years old) machinery without payment of duty, as per new FTP it is not allowed under EPCG schem, please suggest any schem/method to import without payment of duty.

Thanks N Regards

Narendra Kumar Soni

AI Summary

Import of Second-Hand Capital Goods: duty-free import allowed only for specified export units; EPCG limited to new capital goods.
EPCG authorizations permit zero duty import only for new capital goods, whereas FTP allows duty free import of second hand capital goods without an age limit solely for specified export oriented schemes (EOU, STP, EHTP, BTP) under their conditions; DTA units lack an FTP route for duty free second hand imports but may use duty credit scrips to discharge customs duty, subject to appendix exclusions under the relevant notifications.