/ADVANCE COPY/

 

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY

PART-II, SECTION-3, SUB SECTION (ii)

 

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPARTMENT  OF COMMERCE

 

NOTIFICATION NO. 46(RE-2000)/1997-2002

NEW DELHI:8th December, 2000

 

S.O              (E) - In exercise of powers conferred under section 5 of the Foreign Trade  (Development  and Regulation) Act, 1992  read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Export and Import Policy , 1997-2002( incorporating amendments made upto 31.03.2000 )  namely –

 

1.         After amendment,  paragraph 3.10 of the Export Import Policy   will read as under:-

 

             Capital Goods” means any plant, machinery, equipment or accessories required for manufacture or production, either directly or indirectly, of  goods or for rendering services, including those required for replacement, modernisation, technological  upgradation or expansion.  Capital goods also include packaging machinery and equipment, refractories for initial lining ,  refrigeration equipment, power generating sets, machine tools, catalysts for initial charge , equipment and instruments for testing , research and development, quality and pollution control.  Capital goods may be  for use in manufacturing , mining, agriculture, aquaculture, animal husbandry , floriculture, horticulture, pisciculture, poultry, sericulture and viticulture as well as for use in the services sector.

 

 

This issues in Public Interest.

 

Sd

( N.L. LAKHANPAL)

Director General of Foreign Trade and ex-officio

Additional Secretary to the Government of India

 

Copy to all concerned.

 

 

(O.P. HISARIA)

Dy. Director General of Foreign Trade

 

(Issued from file No. 01/89/180/00037/AM00)