9911796707
TMI BlogExemption to consumable goods imported by public funded research instituteX X X X Extracts X X X X X X X X Extracts X X X X ..... 2 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 164/86-Customs, dated the 1st March, 1986, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts consumable goods required for the purposes of research, when imported into India by any public-funded research ins ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivity of the public-funded research institution and the institution is not engaged in any commercial activity and recommends the grant of exemption under this notification, and such certificate is produced at the time of clearance or within such period as the Assistant Collector of Customs may, on sufficient cause being shown, allow in each case; and (b) the Head of the public-funded research ins ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... financial year, - (a) an officer of the Directorate General of Technical Development not below the rank of an Industrial Adviser certifies in each case that the consumable goods in respect of which the exemption is claimed under this notification are such as are not manufactured in India, and such certificate is produced at the time of clearance or within such period as the Assistant Collector o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (c) the Head of the public-funded research institution concerned certifies in each case, - (i) that the institution is a public-funded research institution in terms of this notification; and (ii) that the consumable goods in respect of which exemption is claimed under this notification would be used only for the purposes of research. Explanation. - For the purposes of this notification, the e ..... X X X X Extracts X X X X X X X X Extracts X X X X
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