Procedure - Import of second hand machinery

[Suvarna Kumar]

SIr , What are the procedure for import second hand machinary to EOU unit and what arethe documents needed to import it through Cochin port .

[Anish Jain]

An EOU can procure duty free second hand machinery without any time limit under para 6.2 (b) of FTP 2009-14 and under custom notification no. 52/2003. You need to take procurement certificate from your Range Office. This certificate will be submitted at the time of assessment of bill of entry. you are also requiered to register yourself for duty free import. at the time of import you are supposed to submit Invoice, Packing List, Bill of lading, Procurement Certificate, Test Certificate if required to determine heading and copy of contract if required by appraiser.

[Guest]

Ref para 2.17 of FTP for details, Documents are LOP, Green Card, LOI, B-17 Bond.

AI Summary

Importing Second-Hand Machinery to EOUs: Duty-Free Under FTP 2009-14 & Customs Notification 52/2003, Docs Required A query was raised regarding the procedure for importing second-hand machinery to an Export Oriented Unit (EOU) through Cochin port. It was clarified that EOUs can import such machinery duty-free under specific provisions of the Foreign Trade Policy (FTP) 2009-14 and customs notification 52/2003. Required documents include a procurement certificate, invoice, packing list, bill of lading, and potentially a test certificate and contract copy. Another response referenced FTP paragraph 2.17, listing additional documents such as the Letter of Permission (LOP), Green Card, Letter of Intent (LOI), and B-17 Bond.