Applicability of tax

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Querist : Anonymous

Querist : Anonymous (Querist)

30 January 2012 A university imported hardware from foreign at free of cost. whether it liable to pay customs duty.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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30 January 2012 Exemption from the application of rules. — (1) Nothing contained in the Rules shall apply to the import of any goods. —

(a) by the Central Government or agencies, undertakings owned and controlled by the Central Government for Defence purposes;

(b) by the Central Government or any State Government, statutory corporation, public body or Government undertaking run as a Joint Stock Company through the agency of the Purchase Organisations of the Ministry of Supply, that is India Supply Mission, London and India Supply Mission, Washington;

for more informaation read Minitry of Commerce
Notification S.O. No. 1056 (E), dated 31-12-1993

regards,

Querist : Anonymous

Querist : Anonymous (Querist)

01 February 2012 Thanks sir

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