Effective rate of duty on Silver imported by a passenger of Indian Origin or a passenger holding a valid passport issued under the Passport Act, 1967 (15 of 1967) as baggage

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..... rate of duty on Silver imported by a passenger of Indian Origin or a passenger holding a valid passport issued under the Passport Act, 1967 (15 of 1967) as baggage. Notification No. 172/94-Customs Dated 30.9.1994 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962),, and in supersession of the notification of the Government of I .....

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..... be paid in convertible foreign currency; (b) the quantity of such silver shall not exceed one hundred kilograms per eligible passenger; and (c) the silver is either carried by the eligible passenger at the time of his arrival in India or is imported by them within fifteen days of his arrival in India. 2. Notwithstanding anything contained in paragraph 1, the exemption under this notificat .....

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..... g to India after a period of not less than six months of stay aborad; and short visits, if any, made by the eligible passenger during the aforesaid period of six months shall be ignored if the total duration of stay on such visits does not exceed thirty days and such passenger has not availed of the exemption under this notification at any time of such short visits. 3. This notification shall c .....

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