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of <h1>India Eases Import Rules for Mining, Oil Rigging Equipment Under Chapter 87; Requires Re-export or Scrapping Post-Use.</h1> The Government of India has introduced a new policy condition under Chapter 87 of the ITC (HS), 2017 - Schedule - I (Import Policy). This condition exempts certain restrictions for importing automotive mining equipment, oil rigging equipment, and vehicles for research and development, provided they are re-exported or scrapped after use, with certification from relevant authorities. These items, whether new or used, are not allowed on public roads except for mobilization and demobilization. This policy aims to facilitate the import of such equipment for specific operational purposes in captive mines and oil rigging areas.
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