DFCEC Scheme for Service Providers – whether import of all capital goods which are other than professional equipment or office equipment is also permissible – reg

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....her import of all capital goods which are other than professional equipment or office equipment is also permissible - reg. In terms of Para 3.8 of the EXIM Policy, Duty Free Credit Entitlement Certificate (DFCEC) for Service Providers has been notified. The said Para 3.8 of EXIM Policy permits import of spares, office equipments and furniture, professional equipments and consumables other than a....

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....r as capital goods are concerned, its import to service provider has already been allowed through EPCG route. Therefore, in so far as DFCEC Scheme is concerned, under the category of professional equipments, import of only those equipments would be permissible under DFCEC Scheme, which are Professional Equipments required by the Service Provider for the purpose of rendering service and earning fre....