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Policy
Circular No. 16 (RE-2005)/2004-2009
July 15, 2005
Subject: Clarification regarding
Attention is invited to Para 5.1 of Foreign Trade Policy 2004-09 updated as on 31.3.2005 which permits import of second hand capital goods without any age restrictions under EPCG Scheme.
2. It is clarified that second hand capital goods of Indian origin shall not be permitted to be imported under EPCG Scheme.
3. This issues with the approval of competent authority.
( M.K. Parimoo )
Dy. Director General of Foreign Trade
(F.No : 01/94/180/Policy Circular/AM06/ PC-I)