6.02

Secondhand Capital goods

Second hand capital goods, without any age limit, may also be imported without payment of customs duty as provided under First Schedule to the Customs Tariff Act, 1975 and additional duty of Customs leviable under Section 3(1), 3(3) and 3(5) and without payment of Integrated Tax and GST Compensation Cess leviable under section 3(7) and 3(9) of the Customs Tariff Act, 1975 as per notification issued by the Department of Revenue.

(Above para 6.02 has been amended vide NOTIFICATION NO. 33/2017, DT. 13/10/2017)

[OLD- Second hand capital goods, without any age limit, may also be imported duty free.]