Commercial samples exemption requires IEC, marking, proper importation, declaration and undertaking to pay duty if false. Exemption for commercial samples is conditional on import as personal baggage or by post/air, production of Import Export Code at importation, goods being clearly marked as samples, adherence to prescribed value and unit limits within a twelve month period, a declaration that the samples are imported solely to be shown in India for guidance of exporters or to secure or execute export orders and an undertaking to the Assistant Commissioner of Customs to pay duty if the declaration is found false.
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.
Commercial samples exemption requires IEC, marking, proper importation, declaration and undertaking to pay duty if false.
Exemption for commercial samples is conditional on import as personal baggage or by post/air, production of Import Export Code at importation, goods being clearly marked as samples, adherence to prescribed value and unit limits within a twelve month period, a declaration that the samples are imported solely to be shown in India for guidance of exporters or to secure or execute export orders and an undertaking to the Assistant Commissioner of Customs to pay duty if the declaration is found false.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
