| Date: |
13-07-1994
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| Notification No: |
CUSTOMS Notification No 147/1994
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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 to golf equipment, adventure sports equipments, firearms and ammunitions
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|
Exemption to golf equipment, adventure sports equipments, firearms and
ammunitions
Notification No. 147 dated 13th
July 1994
(As amended by Notification No. 24 dated 1st March 2002)
In exercise of
the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962
(52 of 1962), the Central Government, being satisfied that it is necessary in
the public interest so to do, hereby exempts goods (hereinafter referred to as
the said goods) of the description specified in column (2) of the Table hereto
annexed and falling within the First Schedule to the Customs Tariff Act, 1975(51
of 1975), from so much of that portion of the duty of customs leviable thereon,
which is specified in the said First Schedule, as is in excess of the amount
calculated at the rate specified in the corresponding entry in column (3) of the
said Table subject to the conditions specified in column(4) against each serial
number in column (1) of the said Table.
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S. No.
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Description of
goods
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Rate
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Conditions
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(1)
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(2)
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(3)
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(4)
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1.
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Omitted
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2.
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Firearms and
ammunition
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50% ad valorem
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(i) The said
goods have been imported as personal baggage, or as gifts exempted from the
Import Trade Control Restriction, or covered by Customs Clearance permit or
Import Licence issued by the Director General of Foreign Trade; and
(ii) the goods
are for the use of a renowned shot.
Explanation: �renowned shot� means a person certified by the National Rifle
Association as ranking within the first twenty-five in the National Championship
held immediately preceding the importation.
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