Gold import exemption standards changed, lowering per ten gram valuation and clarifying short visit exclusion for passenger imports. Amendment reduces the per-ten-gram valuation used in the passenger gold import exemption notification and adds an explanation that short visits within the six-month reference period are ignored for exemption purposes if their total duration does not exceed thirty days and the passenger did not avail the exemption during those short visits.
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.
Gold import exemption standards changed, lowering per ten gram valuation and clarifying short visit exclusion for passenger imports.
Amendment reduces the per-ten-gram valuation used in the passenger gold import exemption notification and adds an explanation that short visits within the six-month reference period are ignored for exemption purposes if their total duration does not exceed thirty days and the passenger did not avail the exemption during those short visits.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.