Import of second hand goods under restricted category now

Importers have to take authorisation from DGFT before shipping products put under the restricted category.

NEW DELHI: Government has imposed restrictions on import of second hand goods and re-conditioned spares of personal computers and laptops, a decision that could boost domestic manufacturing.

Second hand goods other than capital goods have been put under the "restricted" category of the import policy, the Directorate General of Foreign Trade ( DGFT) said in a notification.

Importers have to take authorisation from DGFT before shipping products put under the restricted category.

On other hand, imports of refurbished spares of capital goods have been made free subject to a chartered engineer certifying that such spares have "at least 80 per cent residual life or original spare".

In a separate notification, DGFT said used rails imports are "free subject to pre-inspection condition".

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › Import of second hand goods under restricted category now
Text Size:AAA
Success
This article has been saved

*

+