| Date: |
16-09-1993
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| Notification No: |
CUSTOMS Notification No 171/1993
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| Issuing Authority: |
Indian Customs
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| Type: |
Tariff
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| File No: |
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| Subject: |
Exemption from duty to bona-fide gifts (excluding alcoholic drinks) falling under Heading No. 98.04 under certain conditions
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Exemption from duty to bona-fide gifts (excluding alcoholic drinks)
falling under Heading No. 98.04 under certain conditions
Notification No. 171 dated 16th
September 1993 (As amended by notifications 100/95, 28/98, 87/99, Notification No. 28
dated 1st March 2003)
In
exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962) and in supersession of the notification of the
Government of India in the Ministry of Finance, Department of Revenue No.
107/91-Customs, dated the 25th July, 1991, the Central Government being
satisfied that it is necessary in the public interest so to do, hereby exempts
bonafide gifts as are exempted from any prohibition in respect of the import
thereof under the Foreign Trade (Development and Regulation) Act, 1992 (22 of
1992) and either imported by a courier as defined in the Courier Imports
(Clearance) Regulations, 1995, or falling under heading 98.04 of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975) from the whole of the
duty of customs leviable thereon under the said First Schedule and the whole of
the additional duty leviable thereon under section 3 of the said Customs Tariff
Act.
Provided that
the value of such bonafide gifts imported by post or as air-freight does not
exceed rupees ten thousand.
Explanation-For the purposes of this
notification, postal charges or the airfreight shall not be taken into account
for determining the value limit of rupees five thousand.
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