Exemption to goods of foreign origin imported for repairs and return -Theatrical equipments including costumes imported by visiting foreign troupes, pontoons for speedy loading and unloading of imported goods -Photographic, filming audio, video and radio equipments and tapes imported for short films, feature films and documentaries,
goods for mountaineering expeditions - Tags or labels or printed polythene bags for use on articles for export.
In exercise of the powers conferred under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do hereby exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)/ when imported into India, from the whole of the duty of customs leviable thereon specified in the said Schedule and from the whole of the additional duty leviable thereon under section 3 of the second mentioned Act subject to the conditions, if any, laid down in the corresponding entry in column (3) thereof.
TABLE
| S. No. | Description of goods | Conditions |
| (1) | (2) | (3) |
| 1. | Articles of foreign origin | (i) The importer makes a declaration at the time of import that the said goods are being imported for repairs and return; (ii) the said goods are re-exported within six months of the date of importation or within such extended period not exceeding one year as the Assistant Commissioner of Customs or Deputy Commissioner of Customs may allow; (iii) the Assistant Commissioner of Customs or Deputy Commissioner of Customs is satisfied as regards the identity of the said goods; and (iv) the importer executes a bond undertaking - (a) to re-export the said goods after repairs within six months of the date of importation or within the aforesaid extended period; (b) to produce the goods before the Assistant Commissioner of Customs or Deputy Commissioner of Customs for identification before re-export; (c) to pay the duty if the re-export does not take place within the stipulated period. |
| 2. | Theatrical equipment including costumes | (i) The said goods belong to a foreign theatrical company or dancing troupe and have been imported by such company or troupe for its use during its tour in India; (ii) -an accredited representative of the company or troupe executes a bond, in such form and with such surety as.may be acceptable to the Assistant Commissioner of Customs or Deputy Commissioner of Customs, binding himself to pay on demand an amount equal to twice the amount of duty leviable on such theatrical equipment if the same is not re-exported within six months from the date of importation or such extended period not exceeding nine months from the date of importation as the said Assistant Commissioner may allow. |
| 3. | Pontoons | (i) The said goods have been imported .along with ships .carrying imported goods, for the more speedy .unloading of imported goods and loading of export goods; (ii) the importer makes a declaration at the time of import that the pontoons would be re-exported and executes a bond in such form and for such sum as may be prescribed by the Assistant Commissioner of Customs or Deputy Commissioner of Customs binding himself to pay that sum if the re-export does not take place within the period specified under condition (iii) below; (iii) the pontoons are re-exported within six months of the date of importation or such extended period as the Assistant Commissioner of:Customs or Deputy Commissioner of Customs may allow; and (iv) The pontoons are re-exported by the same ship which brought them or by any other ship under the same shipping agency. |
| 4. | Photographic, filming, sound-recording and radio equipments, raw films, video-tapes and sound-record ing tapes. | (i) A certificate is produced to the Assistant Com-:missioner of Customs or Deputy Commissioner of Customs] at the time of clearance of the goods from a duly authorised officer of the External Publicity Division of the Ministry of External Affairs, Government of India, in respect of short films and documentaries .and the Ministry of Information and Broadcasting, Government of India, in respect of feature films, that the importation is for a purpose which is in the public interest and has been sponsored or approved by the Government of India; and (ii) an undertaking is given by th |
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