Exemption for exhibition goods: duty-free display allowed subject to approval certificate, bond to ensure return or duty payment, and procedural compliance. Duty exemption for goods listed in the Schedule when cleared for display at fairs or exhibitions, subject to production of an approval certificate, execution of a bond with security to ensure return of goods within the prescribed period or payment of duty if not returned, adherence to movement and accounting procedures specified by the Commissioner, and conditions for exceptional on-site sales requiring notice to the Proper Officer and payment of duty.
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.
Exemption for exhibition goods: duty-free display allowed subject to approval certificate, bond to ensure return or duty payment, and procedural compliance.
Duty exemption for goods listed in the Schedule when cleared for display at fairs or exhibitions, subject to production of an approval certificate, execution of a bond with security to ensure return of goods within the prescribed period or payment of duty if not returned, adherence to movement and accounting procedures specified by the Commissioner, and conditions for exceptional on-site sales requiring notice to the Proper Officer and payment of duty.
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