I need procedure for importing the second hand machinery. Any duty concessions are available?, Please refer any notifications/circulars.
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Import of second hand capital goods including refurbished /reconditioned spares, except those of personal computers/laptops,shall be allowed freely, subject to conditions for followingcategories:
Import of second hand computers including personal computers/laptops and refurbished / reconditioned spares thereof is restricted.
Import of refurbished / reconditioned spares of capital goods, other than those of personal computers/laptops will be allowed on production of a Chartered Engineer certificate that such spares have atleast 80% residual life of original spare.
............ For duty rates or concessions you need to refer the related notification covering the item to be imported.