Notification No. 26 (RE-2001) dated 03.09.2001 modifies the ITC(HS) Classifications of Export and Import Items 1997-2002, specifically addressing the import of gifts. Under the amended provision, the conditions outlined in Paragraph 6 of Chapter 1A regarding the registration of foreign manufacturers or exporters with the Bureau of Indian Standards (BIS) will not apply to imports of gifts. This exemption is applicable when the recipient is a charitable, religious, or educational institution that is legally registered under relevant laws or approved by the government. Additionally, the gifts imported under this provision must be exempted from customs duties by the Ministry of Finance. The amendment aims to simplify the import process for gifts intended for recognized charitable organizations, ensuring they are not subjected to unnecessary regulatory requirements.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 26 (RE-2001)/1997-2002
NEW DELHI: 3rd September, 2001.
S.O (E) – In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely –
“2. The conditions of Paragraph 6 of Chapter 1A: General notes regarding import policy (conditions regarding registration of foreign manufacturer/exporter with BIS), shall not be applicable on imports of gifts where the recepient of a gift is a charitable, religious or an educational institution registered under a law relating to the registration of societies or trusts or otherwise approved by the Central or a State Government and the gift sought to be imported has been exempted from payment of customs duty by the Ministry of Finance.”
This issues in Public Interest.
( N.L. LAKHANPAL)
Director General of Foreign Trade and ex-officio
Additional Secretary to the Government of India
Copy to all concerned.
(O.P. HISARIA)
Dy. Director General of Foreign Trade
