Import under Lease Financing 2.28

Permission of the licensing authority is not required for import of capital goods under lease financing. However, the condition of actual user or licence/ certificate/ permission, wherever required under the Policy or this Handbook, shall be applicable in case of import of capital goods under such lease financing.

The facility shall also be available under EPCG Scheme, EOU/SEZ scheme. The domestic supplier of capital goods to eligible categories of deemed exports shall be eligible for the benefits of deemed exports as given in paragraph 8.3 of the Policy even in such cases where the supplies are under lease financing.