Exemption to all Goods Imported for being tested in Test Centres approved by the Government of India - 267/90 - Customs -Tariff

Exemption to all Goods Imported for being tested in Test Centres approved by the Government of India Notification No. 267/90-Cus. Dated 1-11-1990 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 all goods, when imported into India for being tested in test centres approved by the Ministry of Science and Technology or any other Ministry in the Government of India, from - (a) the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975); 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 produces evidence to the satisfaction of the Assistant Collector of Customs regarding the approval of the test centre by the Ministry of Science and Technology or, as the case may be, any other Ministry in Government of India; (ii) the importer makes a declaration before the said Assistant Collector of Customs at the time of importation that the said goods are being imported for test and re-export; (iii) the goods so tested are re-exported within a period of one month from the date of import or such extended period, not exceeding three months, as the said Assistant Collector of Customs may alow; and (iv) the importer, by the execution of a bond in such form and for such sum as may be specified by the said Assistant Collector of Customs, binds himself to pay on demand, in respect of such quantity of the said goods as is not proved to the satisfaction of the said Assistant Collector of Customs to have been re-exported an amount equal to the duty leviable on such quantity but for the exemption contained herein.