EPCG - Import of Spares - Installation Certificate to be produced within three years

By Vijay Kumar

As per Para 5.3.2 of the HOP, holders of Export Promotion Capital Goods (EPCG) Scheme have to produce an installation certificate from the Jurisdictional Central Excise Authorities or a Chartered Engineer, within six months from the date of completion of imports.

Now, in the case of import of spares, the installation certificate can be produced within three years from the date of import.

DGFT Public Notice No. 22(RE-2007)/2004-2009, Dated July 17, 2007