Customs exemption for imported fairground amusements subject to residency, foreign exchange payment, documentation and non sale undertaking. Exempts imports of roundabouts, swings and other fairground amusements and parts (heading 95.08) for amusement parks from customs duty in excess of an amount computed at 45% ad valorem and from the additional duty under section 3, provided the importer is an Indian citizen resident abroad for at least one year, pays CIF from foreign exchange earned abroad, produces passport copy and notarised affidavit, and gives an undertaking that the goods will remain in his possession and not be sold for five years, with short visits disregarded up to a three month total.
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.
Customs exemption for imported fairground amusements subject to residency, foreign exchange payment, documentation and non sale undertaking.
Exempts imports of roundabouts, swings and other fairground amusements and parts (heading 95.08) for amusement parks from customs duty in excess of an amount computed at 45% ad valorem and from the additional duty under section 3, provided the importer is an Indian citizen resident abroad for at least one year, pays CIF from foreign exchange earned abroad, produces passport copy and notarised affidavit, and gives an undertaking that the goods will remain in his possession and not be sold for five years, with short visits disregarded up to a three month total.
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