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 Authorisation holder.

The tools imported under the EPCG Scheme may be transferred to any of the units or group companies of the applicant.