IGST exemption on import of goods for display or use at specified event for re-export

 

Exemption of import duty and IGST exemption under Customs Notification No. 8/2016-Custms, dated 05.02.2016


Click here to know GST exempted list

 

 

 

8/2016-Custms, dated 05.02.2016 is valid when introduction of GST in India on July 01, 2017 for exemption of IGST on imports.

 

As per customs notification No. 8/2016 dated 05.02.2016 explains about exemption to goods imported for display or use at specified event [fair, exhibition] subject to re-export within 6 months from the date of clearance of the imported goods.

 

IGST exemption is permitted for all imports under customs notification No. 8/2016-Custms, dated 05.02.2016, according to GST council meet on 3rd June, 2017.

 

Click here to read complete extract of customs notification No:8/2016 dt 05.02.2016    Customs Notification No. 8/2016-Custms, dated 05.02.2016

 

 

 

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