Policy Circular No.
61 (RE-2008) / 2004-2009 Dated:
13.2.2009
Import of Construction Equipment under EPCG Scheme
Representations have been received from Regional
Authorities and individual firms seeking clarification on import of Construction
Equipment viz. Crane & Mobile Cranes etc under Export Promotion Capital Goods (EPCG)
Scheme.
2. The matter has been examined and it is clarified that import of construction
equipment is not allowed only for construction activities for building
factory/project by the EPCG authorization applicant. The import of construction
equipments shall only be permitted to Service providers subject to following
conditions:-
i) Such equipments are used to provide Services as mentioned in Appendix X of
Handbook of Procedures-vol-1; and
ii) Payments for the services rendered through construction equipments are
received in Free Foreign Exchange or in Indian Rupees which are otherwise
considered as having being paid for in free foreign exchange by RBI, as per Sub
Para (iv) of Para 9.53 of Foreign Trade Policy.
3. This issues with the approval of Director General of Foreign Trade.
(Akash Taneja)
Joint Director General of Foreign Trade
File No.01/36/218/81/AM-09/Pol.V/EPCG-II
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