IGST exemption on import of goods for specified event under notification 10/2014-Customs, dated 12.05.2014
Click here to know GST exempted list
10/2014-Customs, dated 12.05.2014 is valid when introduction of GST in India on July 01, 2017 for exemption of IGST on imports.
As per customs notification 10/2014-Customs, dated 12.05.2014, exemption to specified goods, when imported into India for display or use at any specified event specified subject to the condition, inter alia, that the specified event is being held in public interest and is sponsored or approved by the Government of India or the India Trade Promotion Organization; and that the said goods are imported under an FICCI/TAITRA Carnet issued in accordance with the Agreement between the India-Taipei Association in Taipei and the Taipei Economic and Cultural Center in India on the FICCI/TAITRA Carnet for the Temporary Admission of Goods signed on 20th March, 2013 and the Carnet is guaranteed by the Federation of Indian Chamber of Commerce and Industry in India (hereinafter referred to as FICCI ).
The same import duty exemption has been extended to IGST exemption on import of above mentioned under GST Law 2017.
The details of notification 10/2014-Customs, dated 12.05.2014 is extracted here. Click here to read detailed extract of notification 10/2014-Customs, dated 12.05.2014. Customs notification 10/2014-Customs, dated 12.05.2014
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
TDS calculation under GST returns
GST Returns, Advances received against a supply to be made in future
Post sales discount under GST returns
Procedures to assess credit note and debit note under GST Act
Bills of Entry relating to Import under Goods and Service Tax (GST)
Invoices pertaining to exempted including Nil rated supply under GST
Invoice pertaining to Export and deemed export supply
Invoices pertaining to B2C transactions
Invoice level information details for GST returns
How to obtain acknowledgement for filing returns with GST
How to file GST returns?
Transferability of Bill of Lading
Transhipment - A redefinition
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular export
Triangular shipment
Types of Insurance Documents.
What is Provisional Assessment in Import formalities in India?
What is said to contain in Bill of Lading.
What is Said to weigh in Bill of Lading
What is second appraisement of import clearance procedures
How to export your product?
How to import your product?
Click here to know HS code of your product
12 Major risks and solutions in Imports and Exports
Bank Pre shipment Finance to exporters
Export Promotion Councils and Commodity Boards, product wise
MEIS scheme for Indian Exporters
Mode of payments in international trade