IN FORCE undated

Duty Free Imports for specific Sectors

Reliability

IN FORCE

In force — no superseding record on file.

Issuer: DGFT
Type: FTP/HBP Paragraph
Date: undated

Referenced in this document

Policy

Notification 21/2012 ×2
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Also cited by 21 other documents:
Para 2.44
FTP HBP

FTP 2.44 · Export of Gifts

freely importable may be re-exported except items as in the Prohibited or SCOMET List of Goods including edible items, of value not exceeding exports, in same or substantially same form Rs.5,00,000/- in a licensing year, may be exported as a even though such goods are under gift. However, items mentioned as restricted for exports “Restricted list” for export, subject to the in ITC(HS) shall not be exported as a gift, without an following conditions: A…

as published in CHAPTER 02 - GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS

HBP 2.44 · Duty Free Imports for specific Sectors

(A) R&D Equipment for Pharmaceuticals and Biotechnology Sector: (i) Duty free import of goods (as specified in list 28 of Customs notification No.21/2012 dated 17.3.2012, as amended from time to time) upto 25% of FOB value of exports during preceding licensing year, shall be allowed. (ii) The eligible unit may furnish an application given in Appendix-8A to RA concerned duly countersigned by Chartered Accountant. (iii) In respect of duty free import of R…

as published in CHAPTER 02 - GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS

Also cited by 17 other documents:
- #10541 2015-06-09
- #15995 2014-07-17
- #14566 Validity of Registration-cum-Membership Certificate(RCMC) and Councils authorized to issue RCMC 2008-01-17
- PN 21/2005 (RE-05) Amendments in the Handbook of Procedures, Vol.1. 2005-06-13
- #14475 Registering Authority for EOU/SEZ Units in respect of import/export of spices. 2005-06-13
- #4784 एचबी अध्याय 6 undated
See all documents citing Para 2.44 →

Document text

2.44 — Duty Free Imports for specific Sectors

(A) R&D Equipment for Pharmaceuticals and Biotechnology Sector:

(i) Duty free import of goods (as specified in list 28 of Customs notification No.21/2012 dated 17.3.2012, as amended from time to time) upto 25% of FOB value of exports during preceding licensing year, shall be allowed.
(ii) The eligible unit may furnish an application given in Appendix-8A to RA concerned duly countersigned by Chartered Accountant.
(iii) In respect of duty free import of R&D equipment, units not registered with jurisdictional Customs authority shall be allowed to give Installation Certificate issued by an independent Chartered Engineer.

(B) Agrochemicals Sector:

pg. 25

(i) Duty free imports of goods as specified in list 28A of Customs notification No. 21/2012 dated 17.3.2012, upto 1% of FOB value of exports made during preceding licensing year, shall be allowed to agrochemicals sector unit having export turnover of Rs. 20 crore or above during preceding licensing year.
(ii) The eligible unit shall apply in form given in Appendix-8B to RA concerned duly countersigned by Chartered Accountant.
(iii) In respect of duty free import of R&D equipment, units not registered with jurisdictional Customs authority shall be allowed to give Installation Certificate issued by an independent Chartered Engineer.

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