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)

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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