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Import of second hand semi-trailer (hs code 8716 3900

Ashwin Nair (Consultant) (25 Points)

18 March 2014

Hi,

I am looking to import a refurbished semi-trailer (the trailer which is connect to trucks which are used to transport sea containers). I spoke to DGFT and was told that new or refurbished is counted in the HS Code specified (i.e. 8716 3900 with basic duty of 10%) unless I import it as scrap.

I had read that the import of second hand capital goods can be free if authorized. Can I classify this under capital goods ( it will be a capital good for me). Also, can any specify what documentation I need to provide to authorize the import. I would be interested in availing the services of anyone who can assisst me in the same.

I am currently unsure of whether the import will be as per the HS code (at 10%) or any other with 0% duty as per the DGFT circular.

Looking forward to replies!

Thanks,

Ashwin

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4 Replies

Krunal T (student) (32 Points)
Replied 20 March 2014

Originally posted by : Ashwin Nair

Hi,

I am looking to import a refurbished semi-trailer (the trailer which is connect to trucks which are used to transport sea containers). I spoke to DGFT and was told that new or refurbished is counted in the HS Code specified (i.e. 8716 3900 with basic duty of 10%) unless I import it as scrap.

I had read that the import of second hand capital goods can be free if authorized. Can I classify this under capital goods ( it will be a capital good for me). Also, can any specify what documentation I need to provide to authorize the import. I would be interested in availing the services of anyone who can assisst me in the same.

I am currently unsure of whether the import will be as per the HS code (at 10%) or any other with 0% duty as per the DGFT circular.

Looking forward to replies!

Thanks,

Ashwin

Hi,,Ashwin

If you want to import second hand goods to India, It should be categorized in capital goods.

Duty would be 10%, can not be 0%,

Further you need to have a correct value declaration from a chartred engineer.

Regards

Krunal

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karan jit singh (Consultant) (1299 Points)
Replied 21 March 2014

Originally posted by : Ashwin Nair
	Hi, I am looking to import a refurbished semi-trailer (the trailer which is connect to trucks which are used to transport sea containers). I spoke to DGFT and was told that new or refurbished is counted in the HS Code specified (i.e. 8716 3900 with basic duty of 10%) unless I import it as scrap. I had read that the import of second hand capital goods can be free if authorized. Can I classify this under capital goods ( it will be a capital good for me). Also, can any specify what documentation I need to provide to authorize the import. I would be interested in availing the services of anyone who can assisst me in the same. I am currently unsure of whether the import will be as per the HS code (at 10%) or any other with 0% duty as per the DGFT circular. Looking forward to replies! Thanks, Ashwin

Zero duty EPCG scheme allows import of capital goods (including CKD/SKD thereof as well as computer software systems) for pre-production, production and post-production at zero Customs duty, subject to an export obligation equivalent to 6 times of duty saved on capital goods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorization issue-date.

karan jit singh (Consultant) (1299 Points)
Replied 21 March 2014

a.Check List for Application of EPCG Authorisation

Attached

Attached File : 461460 1299731 check list for application of epcg authorisation.pdf downloaded: 208 times

Ashwin Nair (Consultant) (25 Points)
Replied 25 March 2014

Originally posted by : Krunal T

Hi Krunal,

Many thanks for the reply. I am going to be using it as a capital good as it will be used to transport steel coils by my company for TATA Steel. This should be easy for me classify under capital goods??

@ Mr. Karan,

Thank you for the information. Unfortunately my import cannot be placed in the EPCG scheme as my exports are bare minimum.

Many thanks for the replies!

Best,

Ashwin

Originally posted by : Ashwin Nair

Hi,

I am looking to import a refurbished semi-trailer (the trailer which is connect to trucks which are used to transport sea containers). I spoke to DGFT and was told that new or refurbished is counted in the HS Code specified (i.e. 8716 3900 with basic duty of 10%) unless I import it as scrap.

I had read that the import of second hand capital goods can be free if authorized. Can I classify this under capital goods ( it will be a capital good for me). Also, can any specify what documentation I need to provide to authorize the import. I would be interested in availing the services of anyone who can assisst me in the same.

I am currently unsure of whether the import will be as per the HS code (at 10%) or any other with 0% duty as per the DGFT circular.

Looking forward to replies!

Thanks,

Ashwin

Hi,,Ashwin

If you want to import second hand goods to India, It should be categorized in capital goods.

Duty would be 10%, can not be 0%,

Further you need to have a correct value declaration from a chartred engineer.

Regards

Krunal