Import of Commercial samples – Exemption
As per Notification No. 154/1994-Customs, dated the 13th July, 1994, import of commercial samples are exempted to the extent of Rs. 1,00,000 (one lakh ) in value or 15 units in number, within a period of twelve months; and where the samples relating to gem and jewellery industry are imported by exporters of gem and jewellery, the import of said sample shall not exceed value of Rs. 3,00,000 (Three lakhs) or 0.25% of average value of three immediately preceding years exports whichever is lower, and such samples shall not exceed 15 units in number, within a period of twelve months.
Now this '15 units' is made 50 units.
Notification No. ; Dated 24th September, 2009