leasing of machinery

This query is : Resolved 

16 January 2010 If a foreign company wants to give its machinery on lease to a company in india and take it back after the lease period is over, is it possible???

If yes can u plz help me out with the procedure?

18 January 2010 Import of machinery under a lease arrangement is possible. However, the computation of duty in this case is complicated and therefore you should consult someone with complete details and documentation


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