Amendment in the Notification No. 157/1990-Customs, dated the 1st March, 2006 (Exemption to specified goods imported for display or exhibition, fair demonstration etc.) - 055/2007 - Customs -Tariff
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Customs exemption conditions revised to require compliance with applicable law and payment of customs duties instead of prior departmental approval. The amendment substitutes the proviso to condition (5) in Notification No.157/1990-Customs, replacing the phrase requiring import 'on payment of customs duty with the prior approval of the Government of India in the Department of Revenue' with a requirement that such imports be made 'in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable in respect of such goods,' thereby conditioning exemptions on legal compliance and payment of duties.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption conditions revised to require compliance with applicable law and payment of customs duties instead of prior departmental approval.
The amendment substitutes the proviso to condition (5) in Notification No.157/1990-Customs, replacing the phrase requiring import "on payment of customs duty with the prior approval of the Government of India in the Department of Revenue" with a requirement that such imports be made "in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable in respect of such goods," thereby conditioning exemptions on legal compliance and payment of duties.
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