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TMI BlogExemption to research equipments imported by public funded research institutions or a university of an Indian Institute of Technology or Indian Institute of Science, Bangalore or Regional Engineering College, non commercial institutions etcX X X X Extracts X X X X X X X X Extracts X X X X ..... , 28/98, 20/00, 24/02, 28/03 and 24/07] 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 goods falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and specified in column (3) of the Table hereto annexed, from 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 five percent ad valorem 5 [ **** ] , when imported into India, by importers specified in column (2) of the said Table, subject to the conditions specified in the corresponding entr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... animals for experimental purposes, the importer produces, at the time of importation, a certificate from the Head of the Institution that the live animals are required for research purposes and enclose a no objection certificate issued by the Committee for the Purpose of Control and Supervision of Experiments on Animals; and (iv) When the goods are imported for delivery to an institution, the certificates specified in items (i) and (ii), as the case may be, items(i), (ii) and (iii) above shall be produced at the time of clearance of the goods from a warehouse appointed under section 57 or 58 of the Customs Act, 1962 (52 of 1962). 1 2. Research institutions, other than a hospital (a) Scientific and technical instruments, apparatus, equipment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s; and (d) Prototypes, the CIF value of which does not exceed rupees fifty thousand in a financial year. (i) The importer produces a certificate from the head of the institute, in each case, certifying that the said goods are required for research purposes, only; (ii) in the case of import of live animals for experimental purposes, the importer produces, at the time of importation, a certificate from the head of the institution that the live animals are required for research purposes and encloses a no objection certificate issued by the Committee for the Purpose of Control and Supervision of Experiments on Animals; and (iii) When the goods are imported for delivery to an instutition, the certificates specified in the clauses (i) and (ii) ab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r section 57 or section 58 of the said Customs Act. 3 [3. Where the importer is not registered with the Government of India in the Department of Scientific and Industrial Research, he shall, at the time of clearance of the goods, pay the applicable duty of customs and additional duty on the goods imported: Provided that after obtaining such registration and compliance of the conditions specified in column (4) of the said Table, he may file a claim for refund of such amount of the duty paid for which exemption is granted under this notification, within a period of one year from the date of payment of the said duties before the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, having jurisdiction over th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 03 and 24/07 ] 1. (In the TABLE, for S.No.2 and the entries relating thereto, the above S.No. and entries has been substituted, namely vide Notification No. 24/2007 dt. 1.3.2007) 2. Inserted by Notification No. 28/2003-Cus, dated 1-3-2003. 3. Inserted vide NOTIFICATION No. 24/2014-Customs, dated 11th July, 2014 4. Substituted vide Not. 43/2017 - Dated 30-6-2017 , w.e.f. 1st day of July, 2017, before it was read as, additional duty leviable thereon under section 5. Omitted vide Notification No. 42/2022-Customs dated 13-07-2022 w.e.f. 18-07-2022 before it was read as, and from the whole of the 4 [ integrated tax leviable thereon under sub-section (7) of section 3, ] of the said Customs Tariff Act 6. Inserted vide Notification No. 12/2023-Cust ..... X X X X Extracts X X X X X X X X Extracts X X X X
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