Engineering sector inclusion in EPCG scheme expands covered capital goods and components eligible for import relief. Amendment adds the engineering sector to two provisos in the EPCG notification and adds a definitional clause specifying that, for the engineering sector, 'product' comprises machine tools and accessories; automotive and bicycle components and accessories; hand, cutting and small tools; ferrous and non-ferrous castings and forgings; pumps, electric motors and parts; fasteners; bright bars and shafting; and scientific and surgical instruments, thereby identifying the capital goods, components and spares eligible under the scheme.
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Provisions expressly mentioned in the judgment/order text.
Engineering sector inclusion in EPCG scheme expands covered capital goods and components eligible for import relief.
Amendment adds the engineering sector to two provisos in the EPCG notification and adds a definitional clause specifying that, for the engineering sector, "product" comprises machine tools and accessories; automotive and bicycle components and accessories; hand, cutting and small tools; ferrous and non-ferrous castings and forgings; pumps, electric motors and parts; fasteners; bright bars and shafting; and scientific and surgical instruments, thereby identifying the capital goods, components and spares eligible under the scheme.
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