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Notification No 07 2015-2020 Dated the 8 May, 2018  Subject:   Insertion   of  a  new  policy  condition   under  Chapter  87 of  ITC  (HS),  2017  - Schedule - 1 (Import Policy).  S.O. (E):         In  exercise of powers conferred by Section   3 of FT (D&R) Act, 1992,  read with paragraph 1.02 and 2.01  of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby  inserts  a new Policy Condition, number (10) at the  end of Chapter 87 ofITC (HS) 2017 - Schedule - 1  (Import Policy) as under.-  (I) Policy Condition I  and 2 [except for  1   (II) (d) (iv) and 2 (II) (d)] above shall not be applicable for import of automotive mining equipments, oil rigging equipments for operation  in   captive   mines/  oil  rigging   areas  and  vehicles  for  research   and development purposes subject to the condition that the imported item is re-exported I scrapped under certification from the concerned authorities, once its purpose is served. Above  condition  is  applicable  for  both  old/used  and  new  equipments/  vehicles. Further these equipments/ vehicles shall not ply on public roads, except for mobilization and demobilization purposes.  2.     Effect of this Notification: Policy condition for import of old/used and new automotive mining equipments, oil rigging equipments for operation in captive minetoil rigging areas and other vehicles for research and development purposes is introduced.