GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
Policy Circular No. 16 (RE-2005)/2004-2009 Date: July 15, 2005
To,
All Licensing Authorities
Subject: Clarification regarding Para 5.1 of the Foreign Trade Policy
1. 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)
