Capital goods installation flexibility permits third party premises with joint bond and allows re export of defective goods within prescribed period The amendments permit installation of imported capital goods at third party premises named on the licence for specified exporter and importer categories, conditioned on a bond for differential duty with a Bank Guarantee and joint liability to fulfil export obligations and pay duty with interest on default. They also authorize re export of goods found defective or unfit for use back to the foreign supplier within a prescribed period, subject to identification of the goods to the satisfaction of the Assistant or Deputy Commissioner of Customs.