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DGFT Hand Book of Procedures HB Vol.1 ( upto 31/03/2003) PARA 2.57

2.57

Plant and machineries would be permitted for import without a licence provided the depreciated value of such relocation plant exceeds Rs.50 crore.

(Para 2.57 has been added vide PN. No. 12(RE-02), Dt. 2/5/2002)

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