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<h1>India Exempts Sports Prizes from Customs Duties and Taxes Until 2028 Under Notification No. 41/2017.</h1> The Government of India, through Notification No. 41/2017, exempts certain sports-related items from customs duties and integrated tax when imported into India. This exemption applies to challenge cups, trophies, medals, and prizes won by Indian players or teams in international tournaments. Specific conditions must be met, such as verification by customs officials and undertakings by importers or sports associations to retain or re-export the items as required. The notification is effective from July 1, 2017, and remains valid until March 31, 2028, with amendments made in 2023.