I need procedure for importing the second hand machinery. Any duty concessions are available?, Please refer any notifications/circulars.
Procedure - importing second hand machinery
chaganti srinivas
Importing Second-Hand Machinery Allowed with Exceptions; Refurbished Spares Need Engineer Certification for 80% Residual Life A discussion on the procedure for importing second-hand machinery highlights that such imports, including refurbished or reconditioned spares, are generally permitted except for personal computers and laptops. The import of refurbished or reconditioned spares of other capital goods requires a Chartered Engineer certificate confirming at least 80% residual life. For information on duty rates or concessions, relevant notifications should be consulted. (AI Summary)