Exempts the goods described in Schedule I annexed hereto, when imported into India for display or use at an event specified in Schedule II. - 08/2016 - Customs -Tariff

Customs exemption for exhibition imports: duty relief tied to declaration, bond, identification and re-export obligations within a time limit.

Exempts specified goods imported for display or use at designated events from customs duty and integrated tax, subject to re-export and conditions: an importer declaration in the prescribed format, execution of a bond and bank guarantee or cash deposit equal to 110% of duty otherwise payable (with specified public or international importers exempted from this financial security), retention and identification controls at the event, and re-export within six months with limited extensions and exceptions for perishable or destroyed goods and permitted retention of reasonable quantities.