NOTIFICATION NO. 58/2017, DT. 28/03/2018
Amendment in Para 2.31 of Foreign Trade Policy, 2015-2020
S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby incorporates Para 2.31 (III) as under:
S. No. |
Categories of Second Hand Goods |
Import Policy |
Conditions, if any |
III |
Second Hand Goods imported for the purpose of repair / refurbishing / re - conditioning or re - engineering. |
Free |
Subject to condition that waste generated during the repair / refurbishing of imported items is treated as per domestic Laws/ Rules/ Orders / Regulations/ technical specifications/ Environmental /safety and health norms and the imported item is re - exported back as per the Customs Notification. |
2. Effect of this Notification: Import policy for Second Hand Goods imported for the purpose of repair / refurbishing / re - conditioning or re - engineering is laid down.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
[Issued from F.No. 01/93/180/05/AM-18/PC-II(B)/e-1192]
Presented by eximkey.com