https://www.taxtmi.com/circulars?id=8009 Ships and other moveable capital goods imported under the SFIS scheme are permitted as capital goods for the shipping sector; the FTP vehicle exclusion introduced from the 2005-06 foreign exchange earning period does not apply to ships. Because ships are moveable capital assets and are registered to obtain Indian flag status, Customs shall not insist on an installation certificate for such imports. The non requirement of installation certificate extends to EPCG imports by service providers of moveable capital goods. en-us Wed, 17 Mar 2010 00:00:00 +0530 Thu, 18 Mar 2010 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8009 Ships and other moveable capital goods imported under the SFIS scheme are permitted as capital goods for the shipping sector; the FTP vehicle exclusion introduced from the 2005-06 foreign exchange earning period does not apply to ships. Because ships are moveable capital assets and are registered to obtain Indian flag status, Customs shall not insist on an installation certificate for such imports. The non requirement of installation certificate extends to EPCG imports by service providers of moveable capital goods. Circulars DGFT Wed, 17 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8009