Government of India
Ministry of Commerce and Industry
Directorate General of Foreign Trade
(EPCG-II Section)
CIRCULAR NO. 61 ( RE-2008/2004-09)
Dated 13.02.2009
Subject:- 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.
- 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:-
- Such equipments are used to provide Services
as mentioned in Appendix X of Handbook of Procedures-vol-1; and
- 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.
- 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
To,
All Regional Authorities/ All Custom Authorities/All concerned.