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Customs exemption for goods imported into India for display or use at a specified event is amended to permit extension of the existing two-year period in individual cases on sufficient cause being shown. The Board may grant such further period as it considers fit, expanding the time available for compliance with the relevant condition under Notification No. 8/2016-Customs. The amendment also renumbers the later proviso by replacing "Provided further that" with "Provided also that" to align the drafting after insertion of the new proviso. The operative effect is to introduce discretionary time extension for eligible event-related imports covered by the exemption notification.
Customs exemption for goods imported into India for display or use at a specified event is amended to permit extension of the existing two-year period in individual cases on sufficient cause being shown. The Board may grant such further period as it considers fit, expanding the time available for compliance with the relevant condition under Notification No. 8/2016-Customs. The amendment also renumbers the later proviso by replacing "Provided further that" with "Provided also that" to align the drafting after insertion of the new proviso. The operative effect is to introduce discretionary time extension for eligible event-related imports covered by the exemption notification.
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