Exhibits import eased - BG only for 100% of value and re-export bond- Facility not available for individual display

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....ed for display or use at fair, exhibition, etc. - submission of bond & bank guarantee - regarding. I am directed to refer to customs notification No. 3/89- Cus., dated 9.1.89 as amended from time to time, which provides for duty free clearance  of goods imported for display or use at fair, exhibition, demonstration, seminar, etc. on the basis of a reference received from M/s. India Trade Pro....

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....ds imported for fair, exhibition etc. under Notification 3/89-Cus., dated 9.1.89 may be allowed after accepting re - export bond for 150% of the value of the goods to be backed by Bank Guarantee for 100% of the duty amount. 4.  The above instructions are applicable only for the goods imported for display at fairs, exhibition, demonstration or similar event which is duly approved and certifie....