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TMI BlogExemption to Challenge cups, trophies and medals and prizes etc. won by Indian playersX X X X Extracts X X X X X X X X Extracts X X X X ..... ection (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (2) of the Table below and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from the whole of the duty of customs leviable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ciation by whom the goods shall be retained, gives an undertaking that the said goods shall be retained by the said 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 If,- (i) awarded to members of Indian teams for their participation in international to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent or competition in relation to any sport or game and has won the prize in such tournament or competition; and (b) the said prize has been announced, before such tournament or competition has been held, by its organisers; and (iii) the importer gives an undertaking to the Assistant Commissioner of Customs or Deputy Commissioner of Customs, at the time and place of importation, that the prize s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt and World Cup event, gives the following documents to the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, at the time of import, namely:- (a) manufacturer's invoice; (b) photograph of the Trophy; (c) a declaration stating the purpose of import by the recognised National Sports Federation or the registered Sports Body as well as the International bod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e international tournament including bilateral tournament and World Cup held in India and that the identity of the Trophy is established. 1[Provided that nothing contained in this notification shall have effect after the 31st March, 2028.] 2. This notification shall come into force with effect from the 1st day of July, 2017. [F.No.354/119/2017-TRU] (Ruchi Bisht) Under Secretary to the Governm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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