Import of Motor cars – conditions regarding

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....ICATION NO. 31 (RE-2001)/97-02 NEW DELHI:14th  September, 2001 S.O (E) - In exercise of powers conferred under section 5 of the Foreign Trade  (Development  and Regulation) Act, 1992  read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import I....

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....ns in this category, who are exempt from payment of customs duty,  shall be exempt from all the conditions of  Notification no. 4(RE-2001)/97-02 dated 31.03.2001.    However, such imported vehicles cannot be sold in India except to another diplomat or privileged person  and are compulsorily required  to be re-exported.   This exemption shall be applicab....