Antiquities for Display in Private Museums Allowed at Zero Duty

·        “Antiquities Intended for Public Exhibition in a Museum or Art Gallery” replaces “Antiques intended for Public Exhibition in a Public Museum or National Institution”

[Ref: Notification No. 14/2015-Customs dated 31 March 2015]

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 amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 26/2011-Customs, dated the 1st  March, 2011, published in the Gazette of India, Extraordinary, vide number G.S.R. 152(E), dated the 1st  March, 2011, namely:-

In the said notification, in the Table, against S.No. 4., for the entry in column (2), the entry “Antiquities intended for public exhibition in a museum or art gallery” shall be substituted.

[F.No.354/162/2014 –TRU]