TMI BlogExemption to temporary import of Scientific equipments etc. by Non profit making scientific and educational institutionsX X X X Extracts X X X X X X X X Extracts X X X X ..... ed under the control and responsibility of such institutions for the purposes of scientific research or education of non-commercial nature, 1 [ from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the customs Tariff Act, 1975 (51 of 1975), and from the whole of the 3 [ integrated tax leviable thereon under sub-section (7) of section 3 ] of the said Customs Tariff Act ] , subject to the following conditions, namely:- (1) the importer makes a declaration at the time of import that the goods are being imported temporarily subject to re-exportation; (2) the goods are imported in reasonable quantities having regard to the purpose of importation; (3) the goods are capable of identification on re-exportation; (4) the goods are re-exported within six months from the date of importation or within such extended period not exceeding one year as may be allowed by the Commissioner of Customs and an undertaking is furnished in writing by the importer agreeing to reexport the goods within the aforesaid period. (5) while the goods are in India, they remain in the ownership of a natural person resident abroad or a legal person e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... earch or education; (b) spare parts for scientific equipment which has been granted temporary admission under paragraph (a) of this Article; (c) tools specially designed for the maintenance, checking, gauging or repair of scientific equipment which is used within its territory solely for purposes of scientific research or education. Article 3 : Temporary admission of the scientific equipment, spare parts and tools may be made, subject to the following conditions: (a) that they are imported by approved institution and used under their control and responsibility; (b) that they are used for non-commercial purposes within the country of importation; (c) that they are imported in reasonable quantities having regard to the purpose of importation; (d) that they are capable of identification on re-exportation; (e) that while they are in the country of importation they remain in the ownership of a natural person resident abroad or a legal person established abroad. Article 4: Each Contracting Party may suspend, in whole or in part, the undertaking given under the Convention where goods of equivalent scientific value to the scientific equipment or spare parts w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cle 9 above shall also apply to parts which have been replaced as a result of repairs or alterations undergone by the scientific equipment while in the country of temporary importation. Article 11 : The provisions of Articles 6, 7, 8 and 9 shall also apply to the spare parts and tools referred to in Article 2. CHAPTER IV : MISCELLANEOUS PROVISIONS Article 12 : 1. Each Contracting Party shall reduce to a minimum the Customs formalities required in connection with the facilities provided for in this Convention. All regulations concerning such formalities shall be promptly published. 2. Customs examination and clearance on the importation and re-exportation of scientific equipment shall whenever possible and appropriate, be effected at the place of use of equipment. Article 13 : The provisions of this convention set out the minimum facilities to be accorded. They do not prevent the application of greater facilities which certain contracting parties granted or may grant in future by unilateral provisions or by virtue of bilateral or multilateral agreements. Article 14 : For the purpose of this Convention, the territories of a Contracting parties which form a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ouncil and any State Member of the United Nations or its specialised agencies may become a Contracting Party to the present Convention; (a) by signing it without reservation of ratification; (b) by depositing an instrument of ratification after signing it subject to ratification; or (c) by acceding to it. 2. The present Convention shall be open until 30th June, 1969 for signature at the Headquarters of the Council in Brussels, by the State referred to in paragraph 1 of this Article. Thereafter, it shall be open for the accession. 3. Any State, not being a Member of the Organisations referred to in paragraph of this Article to which an invitation to that effect has been addressed by the Secretary General of the Council at the request of the Contracting Parties, may become a Contracting Party to the present Convention by acceding thereto after its entry into force. 4. The instruments of ratification or accession shall be deposited with the Secretary-General of the Council. Article 20 : 1. The present Convention shall enter into force three months after five of the States referred to in paragraph 1 of Article 19 thereof have signed it without reservation of rati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en accepted and shall be of no effect. 6. If no objection to the recommended amendment in accordance with paragraph 3 or 4 of this Article has been stated, the amendment shall be deemed to have been accepted as from the date specified below: (a) if no Contracting Party has sent a communication in accordance with paragraph 3(b) of this Article on the expiry of the period of six months referred to in paragraph 3; (b) if any Contracting Party has sent a communication in accordance with paragraph 3(b) of this Article, on the earlier of the following two dates: (i) the date by which all the Contracting Parties which send such communications have notified the Secretary-General of the Council of their acceptance of the recommended amendment, provided that, if all the acceptances were notified before the expiry of the period of six months referred to in paragraph 3 of this Article, that date shall be taken to be the date of expiry of the said six months period; (ii) the date of expiry of the nine-month period referred to in paragraph 4 of this Article. 7. Any amendment deemed to be accepted shall enter into force six months after the date on which it was deemed to be acce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oce of the present Convention in accordance with Article 20; (c) denunciations under Article 21; (d) any amendment deemed to have been accepted in accordance with Article 22 and the date of its entry into force. (e) notifications received in accordance with Article 23. Article 26 : In accordance with Article 102 of the Charter of the United Nations, the present Convention shall be registered with the Secretariat of the United Nations at the request of the Secretary General of the Council. In witness thereof the undersigned being duly authorised thereto have signed the present Convention. Done at Brussels this eleventh day of June, nineteen hundred and sixty-eight, in the English and French languages, both tests being equally authentic, in a single original which shall be deposited with the Secretary General of the Council who shall transmit certified copies to all the States referred to in paragraph 1 of Article 19 of the present Convention. For Afghanistan; For Albania; For the Federal Republic of Germany; For Argentina; For Austria; For Belgium; For Burma; For Botswana; For Bulgaria; For Cambodia; For Canada; For Chile; For Cyprus; For Congo (Brazzaville); For the R ..... X X X X Extracts X X X X X X X X Extracts X X X X
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