By Harsh Ashar January 2, 2024

DGFT adds new condition for import of IT assets from SEZ to DTA

The Central Government makes amendment in Para 2.31 of Foreign Trade Policy as under:

No.

Categories of Second-Hand Goods

Import Policy

Conditions, if any

I(e)

Used IT Assets (Laptops, desktops, monitors, printers)- Import from Special Economic Zone (SEZ) to Domestic Tariff Area (DTA)

Restricted

However, import policy will be free subject to the following conditions:

Used IT Assets may be moved from SEZ to DTA without a License for Restricted Imports for the purpose of further use in their DTA operations only; given that there is a minimum usage of 2 years in the SEZ area and that the goods are not older than 5 years from the date of manufacturing.
In cases where a unit is closing down its operations in SEZ, and re-locating to the DTA, the import of Used IT Assets from SEZ into DTA is allowed without a License for Restricted Imports, given that the goods are not older than 5 years from the date of manufacturing. However, IT Assets that have entered the SEZ area in second hand/ used/ old condition and have been used in the SEZ area for less than 2 years are not covered.
The relaxation for import from SEZ to DTA, under condition 1 & 2 above, shall be applicable given that no exemption from any regulatory requirements (i.e., CRO, WPC, RoHS) was availed at the time of import of the Used IT Assets into the SEZ.
Import of any Used IT Assets which do not fulfill the above-mentioned criteria shall be subject to a License for Restricted Import.