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CST Reimbursement |Shifting/Transfer of Capital Goods

ENHANCEMENT OF CAPITAL GOODS LIMIT

In order to enhance the existing production capacity, the STP unit may apply in the prescribed format for enhancement of the limit of Capital Goods that may be imported, to the Director, STP, who approves such enhancement upon being satisfied that the required minimum NFE based on the enhanced CG limit would be achieved by the applying unit. The CG limit can be enhanced more than once.

RE-EXPORT OF duty free CAPITAL GOODS

Capital Goods or parts thereof, imported by the STP unit may be re-exported after having obtained 'No objection' issued by STP and on getting permission from the Customs authority in the following cases:

	Replacement of CG found defective, damaged or unfit for use.
	Re-export of CG imported on loan basis for specific project/period of time.
	Re-export of imported CG for Repair &/or Replacement

In all the above cases ‘No objection’ of the STP authority for the proposed re-export of the capital goods may be obtained by the unit as per the following procedures:

	Apply to the STP authority in the prescribed format by submitting Re-export invoice for Replacement or Repair.
	Apply to the STP authority in the prescribed format by submitting Re-export invoice towards return of CG imported on loan basis.
	Copy of STP’s approval for import of the re-exportable CG with the endorsed invoice.
	Copy of the letter of the original supplier for acceptance of repair/replacement.

CST Reimbursement |Shifting/Transfer of Capital Goods


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