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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 07/04/2005) PARA 5.21

Import of Refurbished/ Reconditioned Spares and Tools

5.21

The import of refurbished spares as mentioned in paras 5.1 and 5.1A of the Policy shall be permitted under the EPCG Scheme.

However such refurbished / reconditioned spares must have a residual life not less than 80% of the life of the original spare which would be certified by the EPCG licence holder.

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