Exemption to works of Art and books, being antiques of an age exceeding one hundred years
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....stoms New Delhi, the 30th June, 2017 G.S.R.767 (E).- - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (2) of the Table below and falling within the First Schedule to the Custom....
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.... ii. the importer submits an undertaking before the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, that the goods so imported shall be used for public exhibition and shall not be sold or traded after importation and that in case of failure to comply with this condition, he shall be liable to pay, in respect of such quantity of the....
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.... ^3[3. Nothing contained in this notification shall have effect after the ^5[31st March, 2029].] (F. No. 354/119/2017-TRU) (Ruchi Bisht) Under Secretary to the Government of India ************* NOTES:- 1. Inserted vide Notification No. 09/2022-Customs dated 01-02-2022 w.e.f. 02-02-2022 2. Omitted vide Notification No. 12/2023-Customs ....
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