TMI BlogClarification relating to import of giftsX X X X Extracts X X X X X X X X Extracts X X X X ..... 21 st January 2020 To, All Principal Chief Commissioners/Chief Commissioners of Customs. Principal Commissioners/Commissioner of Customs. Sub: Clarification relating to import of gifts-reg. Madam/ Sir, Please refer to the Notification 35/2015-2020 dated 12.12.2019 issued by the Directorate General of Foreign Trade, Department ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... where customs clearance is sought as gifts, is prohibited except for life saving drugs/ medicines and Rakhi (but not gifts related to Rakhi). Explanation: 1. Rakhi (but not gifts related to Rakhi) will be covered under Section 25(6) of Customs Act, 1962 that reads ...no duty shall be collected if the amount of duty leviable is equal to or less than ₹ 100/-. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stoms Tariff Act for the heading 9804 which is 35% at present. (b) IGST at the rate specified for the heading 9804 (Sl. No. 227 schedule IV) in Notification No. 1/2017 -Integrated Tax (rate) dated 28th June 2017 for IGST which is at present 28%. 4.2 However, lifesaving drugs/ medicines can continue to avail exemption available under Sl. No. 607A as well as Sl. No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed vide issue of Foreign Trade (Exemption from application of Rules in certain cases) Amendment Order, 2017 and clause 3(1) (i) of the FTO, 1993 now reads as under: 3. Exemption from the application of rules. - (1) Nothing contained in the Rules shall apply to the import of any goods, (i) by any person through the post or otherwise for his personal us ..... X X X X Extracts X X X X X X X X Extracts X X X X
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