https://www.taxtmi.com/notifications?id=123698 Exemption applies to specified professional, broadcasting, television, testing and sports goods temporarily imported under an A.T.A. Carnet guaranteed by FICCI, provided the goods are owned and imported by persons or entities resident or established abroad, conform to the Carnet's certified description and are identifiable on re export, and are re exported within two months (extendable once for up to two months). Failure to re export renders FICCI and the importer jointly and severally liable for duties and interest, with FICCI's liability limited to ten percent above duties; exclusion for postal imports. en-us Thu, 18 Jan 2018 00:00:00 +0530 Wed, 24 Jan 2018 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=123698 Exemption applies to specified professional, broadcasting, television, testing and sports goods temporarily imported under an A.T.A. Carnet guaranteed by FICCI, provided the goods are owned and imported by persons or entities resident or established abroad, conform to the Carnet's certified description and are identifiable on re export, and are re exported within two months (extendable once for up to two months). Failure to re export renders FICCI and the importer jointly and severally liable for duties and interest, with FICCI's liability limited to ten percent above duties; exclusion for postal imports. Notifications Customs Thu, 18 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=123698