TMI BlogExemption to works of Art and books, being antiques of an age exceeding one hundred yearsX X X X Extracts X X X X X X X X Extracts X X X X ..... owers 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 Customs Tariff Act, 1975 (51 of 1975) , when imported into India, from the whole ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... seum or an art gallery is itself the importer being the purchaser or owner of such works of art or antiques; 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 importat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... date of importation. 2 [ **** ] 2. This notification shall come into force with effect from the 1st day of July, 2017. 3 [ 3. Nothing contained in this notification shall have effect after the 4 [ 30th September, 2024 ] . ] (F. No. 354/119/2017-TRU) (Ruchi Bisht) Under Secretary to the Government of India ************* NOTES:- ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
