Exemption to Challenge Cups and trophies, medals and prizes won by Indian teams
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...., 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods (hereinafter referred to as the said goods) of the description specified in column (2) of the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), from the whole of the duty of customs leviable thereon under the ....
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....he said challenge cup or trophy shall be retained by the sports association, and shall not be disposed of in any manner, save that of subsequent re-export when such re-export is one of the conditions of participation in the tournament. 2. Medals and trophies (i) The said goods have been awarded to members of Indian teams in connection with their participation in international tournaments or com....