Project where imported capital goods are required, have automatic clearance if the value of imported capital goods required is ________ of the total valise plant and machinery up to __________.
A
Less than 25% minimum of Rs. 2 crores
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Less than 25% maximum of Rs. 2 crores
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
More than 5% minimum of Rs. 2 cores
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
More than 25% minimum of Rs. 2 cores
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B Less than 25% maximum of Rs. 2 crores Project where imported capital goods are required automatic clearance if the value of imported capital goods required is less than 25% of the total value of plant and machinery up to maximum of Rs. 2 crores.