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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 34/2017 – Customs.
New Delhi, the 30th June, 2017
G.S.R. (E)- - In exercise of the powers conferred by sub-section (1) of
section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on
being satisfied that it is necessary in the public interest so to do, hereby
exempts goods of the description specified in column (2) of the Table below and
falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),
when imported into India, from the whole of the duty of customs leviable thereon
which is specified in the said First Schedule, subject to the conditions, if
any, specified in the corresponding entry in column (3) of the said Table.
TABLE
| S.No |
Description of Goods |
Conditions |
| (1) |
(2) |
(3) |
| 1 |
Tags or labels (whether made of paper, cloth or plastic), or printed
bags (whether made of polythene, polypropylene, PVC, high molecular or
high density polyethylene) |
If,-
(i) the said goods have been imported for fixing on
articles for export or for the packaging of such articles; (ii) the
importer, by execution of a bond in such form and for such sum as may be
specified by the Assistant Commissioner of Customs or Deputy
Commissioner of Customs, binds himself to pay on demand in respect of
the said goods as are not proved to the satisfaction of the Assistant
Commissioner of Customs or Deputy Commissioner of Customs to have been
used for the aforesaid purposes, an amount equal to the duty leviable on
such tags or labels or printed bags but for the exemption contained
herein; (iii) the importer satisfies the Assistant Commissioner that the
articles so imported have been exported within six months of the date of
importation or within such extended period as may be permitted by the
said Assistant Commissioner. |
2. This notification shall come into force with effect from the 1st day of
July, 2017.
(Ruchi Bisht)
Under Secretary to the Government of India
[F.
No.354/119/2017-TRU]
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