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TMI BlogExemption to Goods imported for display or use at fair, exhibition, or similar show or display etcX X X X Extracts X X X X X X X X Extracts X X X X ..... the Government of India in the Ministry of Finance (Department of Revenue) No.116/79-Customs, dated the 1st June, 1979, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods described in Schedule I annexed hereto, when imported into India for display or use at an event specified in Schedule II annexed hereto, from 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 from the whole of the additional duty of customs leviable thereon under section 3 of the said Customs Tariff Act, subject to the conditions that, - (1) (a) In the case of any event of exhibition, fair or similar show or display ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... execution of a bond or an instrument to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs to re-export the goods within a period of six months from the date of official closure of the concerned event or within such extended period as the Assistant Commissioner of Customs or Deputy Commissioner of Customs may allow and, in the event of failure to re export as aforesaid, to pay the duty which would have been levied thereon but for the exemption contained herein: Provided that - (i) the requirement of re-export shall not apply to the following goods, namely:- (a) small samples which are representative of foreign goods displayed at an event, including such samples of foods and beverages, either impor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... used up in constructing, furnishing or decorating the temporary stands of foreign exhibitors at an event, such as paint, varnish and wallpaper; (d) printed matter, catalogues, trade notices, price lists, advertising posters, calendars, whether or not illustrated and unframed photographs which are demonstrably publicity material for the foreign goods displayed at an event, subject to the condition that - (A) they are supplied free of charge from abroad and are used solely for distribution free of charge to the visiting public at the event, and (B) the aggregate value and quantity of such goods are, in the opinion of the Assistant Commissioner of Customs or Deputy Commissioner of Customs reasonable having regard to the nature of the event ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (ii) Goods imported under this notification may be disposed off otherwise than by re exportation, and in particular may be entered for home consumption, under and in accordance with any law applicable to such goods and on payment of the duties of customs which are payable in respect of such goods. 2. Nothing contained in this notification shall apply in respect of the following goods imported as samples in accordance with proviso (i) to condition (2) of paragraph 1 above, namely:- 1. Gems and jewellery, all types. 2. Drugs and medicines. 3. Consumer electronic goods, all types. 4. Textiles and readymade garments. 5. Clocks and watches. 2[3. Notwithstanding anything contained in the preceding paragraphs, the exemption contained in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n or meeting which is primarily organised for a charitable purpose. 3. Exhibition, meeting or film festival meeting which is primarily organised to promote any branch of learning, art, craft, sport or scientific, educational or cultural activity, to promote friendship between people, or to promote religious knowledge or worship. 4. Meetings of representatives of any international group of Organisation. 5. Representative meeting of an official of commemorative character. 3[6. Aero show organised by the Central Government.] Explanation:- The events specified in this Schedule do not include exhibitions organised for private purposes in shops or business premises with a view to the sale of foreign goods. ---------------------------------- ..... X X X X Extracts X X X X X X X X Extracts X X X X
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