[TO
BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification
No. 41/2017 – Customs
New Delhi, the
30th June, 2017
G.S.R.
(E)- - In exercise of the powers conferred by sub-section (1) of section 25 of
the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied
that it is necessary in the public interest so to do, hereby exempts goods of
the description specified in column (2) of the Table below 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 which is
specified in the said First Schedule and from the whole of the integrated tax
leviable thereon under sub-section (7) of section 3 of Customs Tariff Act,
subject to the conditions, if any, specified in the corresponding entry in
column (3) of the said Table.
TABLE
S.No. |
Description of Goods |
Conditions |
(1) |
(2) |
(3) |
1 |
Challenge
cups and trophies |
If,- (i)
awarded to an Indian team in connection with its participation in a
tournament outside India and brought by it into India for being kept with an
Official Sports Association; (ii) the Assistant Commissioner of Customs or
Deputy Commissioner of Customs is satisfied that the team proceeded abroad
with the specific purpose of participating in the tournament; and |
2 |
Medals
and trophies |
If,- (i)
awarded to members of Indian teams for their participation in international
tournaments or competitions outside India; and |
3 |
Prizes
won by any member of an Indian team |
If,-(i)
the team has participated in any international tournament or competition in
relation to any sport or game, with the approval of the Government of India
in the Department of Youth Affairs and Sports; |
4 |
Trophy
when imported into India by the National Sports Federation recognised by the
Central Government or any Sports Body registered under any law for the time
being in force, for being awarded to the winning team in the international
tournament including bilateral tournament and World Cup event to be held in
India |
If,- (i)
the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as
the case may be, is satisfied that the said goods do not constitute an article
of general utility; (a)
manufacturer’s invoice; (b)
photograph of the Trophy; (c)
a declaration stating the purpose of import by the recognised National Sports
Federation or the registered Sports Body as well as the International body,
if any, at whose behest such Federation or Sports Body is conducting the
tournament in India; (d)
duration of event; (iii)
such Federation or Sports Body gives an undertaking that,- (a) the said
Trophy is retained by the Federation or Sports Body and not disposed of in
any manner until the event is concluded; (b) if the Trophy
is awarded to the Indian team, such Federation or Sports Body shall retain
the Trophy and shall not be disposed of in any manner whatsoever; (c) ) if the
Trophy is awarded to a winning team other than the Indian team, the said
Trophy shall be exported; (iv)
at the time of export, the Assistant Commissioner of Customs or Deputy
Commissioner of Customs, as the case may be, is satisfied that the
international team which has won the Trophy has participated in the
international tournament including bilateral tournament and World Cup held in
India and that the identity of the Trophy is established. |
2. This notification shall come into force with
effect from the 1st day of July, 2017.
[F.No.354/119/2017-TRU]
(Ruchi Bisht)
Under Secretary to the Government of India
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.