9911796707
TMI BlogExemption to all scientific instruments, apparatus etc. imported by a public funded research institution or a universityX X X X Extracts X X X X X X X X Extracts X X X X ..... ed 1-8-1988 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 all scientific and technical instruments, apparatus, equipments, accessories, spare parts and consumable goods, when imported into India by a public funded research i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this behalf in the said Pass Book; (c) the aggregate CIF value of imports of scientific and technical instruments, apparatus, equipments, accessories and spare parts by an importer does not exceed Rs. 1 crore in a year commencing from the date specified in this behalf in the said Pass Book; (d) in the case of a public funded research institution, an officer not below the rank of a Deputy Secr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... university, as the case may be, certifies in each case, in the said Pass Book, that the goods being imported are such as are not manufactured in India, are essential for research purposes and will be used only for that purpose and shall not be transferred to any other person; (f) in the case of an instrument or apparatus or equipment or accessory or spare part, the CIF value of any single item t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (ii) an institution declared by Parliament by law to be an institution of national importance; (iii) a College maintained by, or affiliated to, a University; (c) "Head" means - (i) in relation to an institution, the Director thereof (by whatever name called); (ii) in relation to a University, the Registrar thereof (by whatever name called); (iii) in relation to a College, the Principal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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