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    <title>15% Customs duty and Nil additional duty on Captial equipments and spare parts imported under (EPCG) Scheme for Service Sector - EXIM Policy 1992 -97</title>
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    <description>Exemption from customs duty and waiver of additional duty is available for capital equipment and specified spare parts imported under the EPCG scheme for the service sector, conditioned on production of a valid EPCG licence, certification of a bond executed under the Export and Import Policy, and a declaration to pay duty on demand if conditions are not complied with; the licensing authority may grant time limited extensions and condone minor shortfalls subject to public notice conditions.</description>
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