Exemption to Challenge Cups and trophies, medals and prizes won by Indian teams

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..... on 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 (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), from the whole of the duty of customs lev .....

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..... he Challenge Cup or Trophy, as well as the sports association by whom it will be retained, gives an undertaking that the said challenge cup or trophy shall be retained by the sports association, and shall not be disposed of in any manner, save that of subsequent re-export when such re-export is one of the conditions of participation in the tournament. 2. Medals and trophies (i) .....

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..... ts to the effect that, - (a) the importer is a member of an Indian team which participated, with the approval of the Government of India, in an international tournament or competition in relation to any sports or games and has won the prize in such tournament or competition; and (b) the said prize has been announced in advance, that is to say, before suc .....

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