Consumable goods imported by public funded research institution or a university

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..... 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 70/87-Customs, dated the 1st March, 1987, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts consumable goods, when imported into India by a public funded research institution o .....

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..... shown, allow in each case; (b) in the case of a public funded research institution, an officer not below the rank of a Deputy Secretary to the Government of India in the Department of Science and Technology, and in the case of a University, an officer not below the rank of a Deputy Secretary to the Government of India in the Department of Education certifies in each case, that the consumable goo .....

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..... the expression, - (a) "public-funded research institution" means a research institution in the case of which not less than fifty per cent of the recurring expenditure is met by the Central Government or the Government of any State or the administra tion of any Union Territory; (b) "University" means a University established or incorporated by or under a Central, State or Provincial Act and in .....

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