Excise exemption for cinematograph film prints enables duty-free use for government-sponsored foreign festivals, subject to resale duty repayment. Exemption is granted for prints of cinematograph films under heading 37.06 purchased by the Directorate of Film Festival on behalf of the Government for exhibition in foreign festivals under the Cultural Exchange Programme or Festivals of India, exempting them from the whole excise duty; if the National Film Development Corporation sells or disposes of such films it must within one month intimate the proper officer and pay the duty that would have been leviable, subject to late acceptance for sufficient cause.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise exemption for cinematograph film prints enables duty-free use for government-sponsored foreign festivals, subject to resale duty repayment.
Exemption is granted for prints of cinematograph films under heading 37.06 purchased by the Directorate of Film Festival on behalf of the Government for exhibition in foreign festivals under the Cultural Exchange Programme or Festivals of India, exempting them from the whole excise duty; if the National Film Development Corporation sells or disposes of such films it must within one month intimate the proper officer and pay the duty that would have been leviable, subject to late acceptance for sufficient cause.
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