Eximkey - India Export Import Policy 2004 2013 Exim Policy
DGFT Foreign Trade Policy  Exim Policy (01/04/2002 to 31/03/2003) PARA 7.22
PARA 7.22

    (a) In case an SEZ unit is unable, for valid reasons, to utilize the goods, including capital goods and spares, it may dispose them in the DTA in accordance with the import policy in force and on payment of applicable duties or export them.

    (b) Capital goods and spares that have become obsolete/surplus may either be exported or disposed of in the DTA on payment of applicable duties. The benefit of depreciation, as applicable, will be available in case of disposal in DTA.

    (c) No duty shall be payable if goods, including capital goods, goods manufactured, processed or packaged in the said unit and scrap/waste/remnants are destroyed with the permission of Customs authorities.

    ((c) has been substituted vide Ntf. No. 17/2002-07, Dt. 07/11/2002)

    [OLD - (c) No duty shall be payable if the goods are destroyed with the permission of Customs authorities.]

    (d) SEZ unit may be allowed by Customs authorities concerned to donate imported/ indigenously procured (bought or taken on loan) computer and computer peripherals, including printer, plotter, scanner, monitor, key-board and storage units without payment of duty, two years after their import/procurement and use by the units, to recognized non-commercial educational institutions, registered charitable hospitals, public libraries, public funded research and development establishments, organisations of the Government of India or Government of a State or Union Territory as per Custom/ Central Excise notification issued in this regard.

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