Exemption to computer equipments falling under Heading No. 84.71 and accompanying software of such equipments falling under Heading No. 85.25 - 294/90 - Customs -Tariff

Exemption to computer equipments falling under Heading No. 84.71 and accompanying software of such equipments falling under Heading No. 85.25 Notification No. 294/90-Cus. Dated 17-12-1990 In exercise of the powers conferred by 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 computer equipments, falling under heading No. 84.71, and the accompanying software of such computer equipments, falling under heading No. 85.24, of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), (hereinafter referred to as the said goods), when imported into India by a recognised training institute of the Department of Electronics of the Government of India, from- (a) so much of that portion of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate of 25 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely - (i) the importer at the time and place of clearance, produces a certificate from an officer not below the rank of a Joint Director in the Department of Electronics of the Government of India, to the effect that - (a) the importer is a recognised training institute of the Department of Electronics; (b) the said goods are imported by the importer under the policy on computer software export, software development and training announced by the Government of India in 1986, for imparting training in terms of the said policy; and (c) the said institute is not engaged in any commercial activity, and recommending the grant of the above exemption. (ii) the importer, at the time and place of clearance, gives an undertaking to the Assistant Collector of Customs to the effect that the said goods - (a) shall not be sold or parted with, without prior permission of the Collector of Customs at the port of importation; and (b) shall not be used for any purpose other than for imparting training in terms of the policy on computer software export, software development and training announced by the Government of India in 1986.