Commerce Says Bye Bye to ATA Carnet for Exhibitions but Customs Yet to Amend Condition of ITPO Approval in Ntfn 3/89

Bond Condition under Ntfn 157/90 Remains

[DGFT Public Notice No. 37 dated 21^st September 2015]

Subject: Amendment in Para 2.63 of HBP, 2015-20.

In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade hereby amends the Para 2.63 (a) of Handbook of Procedures, 2015-20 as under:

Existing Para 2.63 (a) of HBP, 2015-20	Revised Para 2.63 (a) of HBP, 2015-20
Import / export of exhibits, which are freely importable/exportable, including construction and decorative materials required for the temporary stands of foreign / Indian exhibitors at exhibitions, fair or similar show or display for a period of six months on re-export / re-import basis, shall be allowed without an Authorisation on submission of a bond/ security to Customs and ATA Carnet.	Import / export of exhibits, which are freely importable/exportable, including construction and decorative materials required for the temporary stands of foreign / Indian exhibitors at exhibitions, fair or similar show or display for a period of six months on re-export / re-import basis, shall be allowed without an Authorisation on submission of a bond/ security to Customs or ATA Carnet.

2. Effect of this Public Notice

For temporary import / export of exhibits without Authorisation, the condition of submitting of both bond / security to Customs and ATA Carnet have been replaced by either bond / security to Customs or ATA Carnet.