Which kinds of capital goods are needed to get confirmation of the declaration of capital goods import? And what is the required procedure?

Following capital goods are needed to receive confirmation of the declaration of capital goods import

– capital goods that is subject to tariff, special expenditure tax and value-added tax exemption
– capital goods introduced for investment in stock
– capital goods introduced as a means of foreign or domestic payment under Foreign Trade Ordinance and the minister of the Ministry of Commerce, Industry and Energy recognizes as subject of import and export

In order to receive confirmation of the declaration of capital goods import, documents to prove capital goods’ price, including three copies of application for import clearance of the goods with a quantity, standard, price and manufacturer of the items and offer sheet, are need to be submitted to a foreign exchange bank or KOTRA.