Import of goods for Exhibitions, Fairs and Seminars
If sold in the fair or not exported within the time – Duty to be paid u/s 15(1)(a) should be applied and the relevant date should be the date of import.
If not exported – Duty to be demanded from the Federation of Indian Chamber of Commerce and Industry who is the guarantor of ATA CARNET in India.
Exception: This Notification not applicable to goods imported through post not
NB: Some items except Alcoholic beverages in reasonable quantities not liable to be re-exported.