Notification No. 34/2017, Dated 30th June 2017

S.No.

Description of Goods

Conditions

(1)

(2)

(3)

1

Tags or labels (whether made of paper, cloth or plastic), or printed bags (whether made of polythene, polypropylene, PVC, high molecular or high density polyethylene)

If,-

(i) the said goods have been imported for fixing on articles for export or for the packaging of such articles;
(ii) the importer, by execution of a bond in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, binds himself to pay on demand in respect of the said goods as are not proved to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs to have been used for the aforesaid purposes, an amount equal to the duty leviable on such tags or labels or printed bags but for the exemption contained herein;
(iii) the importer satisfies the Assistant Commissioner that the articles so imported have been exported within six months of the date of importation or within such extended period as may be permitted by the said Assistant Commissioner.