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Amendment in Para 3.10 of Exim Policy
Notification No. 46 dated 8th
December 2000
In exercise of powers conferred under section 5 of
the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3
and 4.1 of the Export and Import Policy, 1997-2002, the Central Government
hereby makes the following amendments in the Export and Import Policy,
1997-2002(incorporating amendments made upto 31.03.2000) namely �
1. After
amendment, paragraph 3.10 of the Export Import Policy will read as under:
�Capital Goods� means any plant,
machinery, equipment or accessories required for manufacture or production,
either directly or indirectly, of goods or for rendering services, including
those required for replacement, modernisation, technological upgradation or
expansion. Capital goods also include packaging machinery and equipment,
refractories for initial lining, refrigeration equipment, power generating sets,
machine tools, catalysts for initial charge, equipment and instruments for
testing, research and development, quality and pollution control. Capital goods
may be for use in manufacturing, mining, agriculture, aquaculture, animal
husbandry, floriculture, horticulture, pisciculture, poultry, sericulture and
viticulture as well as for use in the services sector.
This issues in Public Interest.
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