5.3.4

(i) The applicant may also apply for import of spares including refractory, catalyst and such consumables as are required for installation and maintenance of capital Goods imported/to be imported under the EPCG Scheme.

The application shall contain list of plant/ machinery installed in the factory/ premises of applicant for which spares are required, duly certified by Chartered Engineer or Jurisdictional Central Excise Authorities.

In such cases EPCG Authorisation shall not specify the list of spares but shall indicate:-

(a) Name of plant/machinery for which spares are required.

(b) Value of duty saved allowed under the Authorisation.

(c) Description of product to be exported with value of export obligation as per the Policy.

(ii) The Regional Authority, after issue of EPCG Authorisation for spare shall forward a copy of Authorisation to concerned Jurisdictional Central Excise Authority.

(iii) Further at the time of final redemption of export obligation Authorisation holder shall submit certificate from the Independent Chartered Engineer confirming the use of spares so imported in the installed capital goods on the basis of stock & consumption register maintained by Authorisation holder.