Exemption to goods imported by air

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..... tion No. 1/87-Cus. Dated 1-1-1987 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 i .....

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..... t of freight is less than fifteen per cent of the f.o.b. value of such goods, such percentage of the f.o.b. value as is actually incurred. - Notification Tax Management India - taxmanageme .....

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