The federal government Thursday allowed the import of five-year-old used tractors under the Kissan Package-2022.
According to the 24News HD TV channel, the government has exempted duty on the import of old tractors.
The Ministry of Commerce has issued a notification for the import of old agriculture tractors.
As per the notification, the age of the used tractor shall be determined from the 1st day of January of the year subsequent to the year of manufacture till the date of shipment as per the bill of landing.
The notification further said that for the purpose of determining the year of manufacture for the used tractor, the shipment shall accompany a certificate from the Original Equipment Manufacturer (OEM) or a certificate of first registration or a Pre-Shipment Inspection (PSI) certificate, issued by one of the listed PSI companies.
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