https://www.taxtmi.com/notifications?id=18615 Amendment substitutes the definitions of Capital Goods and export obligation in the EPCG notification: capital goods are defined to include plants, machinery, equipment and accessories for production, specified sectoral uses, and hotel industry service equipment; export obligation distinguishes non-hotel exporters (exports or specified supplies) from hotel importers (receipt of payments in freely convertible foreign currency). The amendment narrows the application of the "net foreign exchange" phrase and appends a comprehensive Annexure listing eligible capital goods, components and spares for hotel and related service sectors. en-us Mon, 03 Aug 1998 00:00:00 +0530 Sat, 01 Aug 2009 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=18615 Amendment substitutes the definitions of Capital Goods and export obligation in the EPCG notification: capital goods are defined to include plants, machinery, equipment and accessories for production, specified sectoral uses, and hotel industry service equipment; export obligation distinguishes non-hotel exporters (exports or specified supplies) from hotel importers (receipt of payments in freely convertible foreign currency). The amendment narrows the application of the "net foreign exchange" phrase and appends a comprehensive Annexure listing eligible capital goods, components and spares for hotel and related service sectors. Notifications Customs Mon, 03 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/notifications?id=18615