Customs Notification 121/2003 dated 01.08.2003

 

 

Customs Notification 121/2003 dated 01.08.2003.  

 

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 As per GST Law 2017, IGST exemption is allowed on movement of goods under this notification as per specified terms and conditions.

 

1st August, 2003

Notification No.121 / 2003 - Customs

    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 all the equipments and  consumable samples falling under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, by the Inspection Team of the Organization of Prohibition of Chemical  Weapons, from the whole of the duty of customs leviable thereon which is specified in the said First Schedule and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely:-

(a)  the importer shall produce a certificate along with duly certified list of equipments and consumable samples from the Joint Secretary or the Deputy Secretary,  National Authority Chemical Weapons Convention to the effect that such equipments and samples are required for carrying out verification/ inspections as per in terms of  Chemical  Weapons Convention; and 

(b) the Joint Secretary or the Deputy Secretary, National Authority Chemical Weapons Convention shall furnish an undertaking on letter head to the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, to the effect that such equipments shall be exported within six months of their import or within such extended period as may be allowed by the Commissioner of Customs, in this behalf and that consumable samples are required for the intended purpose and shall be accounted for.

G.S.Karki
Under Secretary to the Government of India

F.No.354/73/2003-TRU

 

 

 

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