Exemption of import duty and IGST on import of paper money, wool, woollen fabrics, apparels

 

IGST exemption on import of woollen apparels received as gifts by Indian Red Cross

 

Customs notification No.22/2003 dated 04.02.2003

 

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22/2003-Customs, dated 04.02.2003 is valid when introduction of GST in India by July, 2017 for exemption of IGST on imports.

 

As per customs notification number 22/2003-Customs, dated 04.02.2003, exemption of duty on import of paper money paper money; and   wool, woollen fabrics   and woollen apparels received as gifts by the Indian Red Cross are exempted.  The exemption of IGST also extended with the same notification 22/2003-Customs, dated 04.02.2003 as per GST council meat of 03rd June, 2017.

 

 

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