(1) In accordance with Clause (h) of Section 29 of the Act, the foreign-invested industry may submit an application to the Disclosure Department with the following details to obtain a permit for the import of goods produced from the parent company located abroad:-
(a) Nature, quantity and duration of the goods to be imported,
(b) Contribution to the production, market development and promotion of new products from imported products.
(2) Upon the application received as per sub-rule (1), the department may grant permission to the concerned applicant to import such goods, subject to the following conditions, after the nature and quantity of the goods to be imported shall be disclosed within a maximum period of one year:-
(a) Imported goods in the Nepali market through any other person, firm, company. Must be imported and not sold and distributed,
(b) not to import more than fifty percent of the approved scheme items while granting import permit for testing,
(c) Imported goods may be sold only on trial basis.
(3) According to sub-rule (2), the relevant company shall submit the details related to the import and test distribution of the goods permitted to be imported to the department on a monthly basis.
(4) Notwithstanding anything written elsewhere in this rule, permission shall not be granted to the persons listed in Schedule-1 of the Act to import goods produced by the parent company in accordance with sub-rule (1).