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Customs Notification No-24/2007 dated 01.03.2007
Amendments in the notification regarding exemption to research equipment
imported by public funded and non-commercial research institutions and I.I.T.
etc.
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 makes the
following further amendments in the notification of the Government of India in
the Ministry of Finance (Department of Revenue), No. 51/96-Customs, dated the
23rd July, 1996 which was published vide number G.S.R. 303(E) of the same date,
namely:-
In the said notification, in the TABLE, for S.No.2 and the entries relating
thereto, the following S.No. and entries shall be substituted, namely:-
TABLE
| S.No. | Name of the importer | Description of goods | Conditions |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| “2. | Research institutions, other than a hospital |
(a) Scientific and technical instruments, apparatus, equipment
(including computers); (b) accessories, parts, consumables and live animals (for experimental purposes); (c) computer software, Compact Disc-Read Only Memory (CDROM), recorded magnetic tapes, microfilms, microfiches; (d) prototypes, the C.I.F. value of which does not exceed rupees fifty thousand in a financial year |
(1) The importer - (i) is registered with the Government of India in the Department of Scientific and Industrial Research; (ii) produces a certificate from the Head of the institution, in each case of import, certifying that the said goods are essential for research purposes and will be used for the stated purpose only; (iii) in the case of import of live animals for experimental purposes, produces, at the time of importation, a certificate from the Head of the institution that the live animals are required for research purposes and encloses a no objection certificate issued by the Committee for the Purpose of Control and Supervision of Experiments on Animals. (2) The goods falling under (1) above shall not be transferred or sold for a period of five years from the date of importation.”. |
[F.No.334/1/2007-TRU]
(S. Bajaj)
Under Secretary to the Government of India
Note.- The principal notification No.51/96-Customs, dated the 23rd July, 1996 was published in the Gazette of India vide number G.S.R. 303(E), dated the 23rd July, 1996 and was last amended vide notification No.28/2003-Customs, dated the 1st March, 2003 and published vide number G.S.R.163(E), dated the 1st March, 2003.