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of <h1>India Amends Import Notifications for Capital Goods, Eases Re-export of Defective Goods, Aiding Exporters and Importers</h1> The Government of India has amended Notifications No. 28/97-Cus., 29/97-Cus., 30/97-Cus., and 31/97-Cus. regarding the import of capital goods, components, spare parts, and materials against an advance license. The amendments allow manufacturer exporters, merchant exporters with supporting manufacturers, and importers rendering services to install capital goods at endorsed locations, provided they fulfill export obligations and other conditions. Additionally, defective or unfit goods can be re-exported to the foreign supplier within three years, subject to identification by customs authorities. These changes aim to facilitate trade and ensure compliance with export obligations.
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