Concessional import of capital goods subject to export obligation allowed; spares permitted under policy amendment. The Export and Import Policy amendment allows import of capital goods, including jigs, fixtures, dies and moulds, at concessional Customs duty subject to an export obligation to be fulfilled over time, and permits import of spares up to a specified proportion of the CIF value of the capital goods under the same scheme.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Concessional import of capital goods subject to export obligation allowed; spares permitted under policy amendment.
The Export and Import Policy amendment allows import of capital goods, including jigs, fixtures, dies and moulds, at concessional Customs duty subject to an export obligation to be fulfilled over time, and permits import of spares up to a specified proportion of the CIF value of the capital goods under the same scheme.
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