2.22
Capital goods, equipments, components, parts and accessories, whether imported or indigenous, except those restricted for export in the ITC(HS) Classification of Export & Import items, 2002-2007, may be sent abroad for repairs, testing, quality improvement of up-gradation or standardization of technology and re-imported without a licence/certificate/permission.
(Para 2.22 has been corrected vide
NTF. No. 28/2003, DT. 28/01/2004)
[OLD -
Capital goods, equipments, components, parts and accessories, whether imported or indigenous, may be sent abroad for repairs, testing, quality improvement or upgradation or standardisation of technology and re-imported without a licence/certificate/permission.
]
Presented by eximkey.com