Rule 226(10)
(a) Import of vehicles shall be allowed without payment of customs-duty and other taxes as per the entitlements given in the table below, namely:
|
S.NO. |
Quantum of Investment in EPZ |
Vehicles |
|
(1) |
(2) |
(3) |
|
1 |
US$ 10.00 million or more up to US$ 25 million; |
03 |
|
2 |
more than US$ 25 million but less than US$ 50 million; |
05 |
|
3 |
equal to or more than US$ 50 million but less than US$ 75 million; |
10 |
|
4 |
equal to or more than US$ 75 million but less than US$ 100 million |
15 |
|
5 |
equal to or more than US$ 100 million |
20 |
|
6 |
equal to or more than US$ 125 million |
25 |
(b) Subject to a maximum of one motor car of upto 1600 c.c within the number of vehicles allowed and shall be further subject to the verification of the amount of investment and completion of the project within a time period of three years by the Export Processing Zone Authority.
(c) Units employing up to 25 workers will be allowed to import or purchase one coaster while units employing more than 25 will be allowed to import or purchase a bus up to 50 seats. Similarly, units with turnover of US $ 5.00 million or more per annum will be allowed to import or purchase one cargo vehicle or truck.
Source: *[Export Processing Zone Rules, S.R.O. 450(I)/2001 dated 18.06.2001 Rule 226(10)]