FTP - Temporary Import/Export of Exhibits - Only one bond
AS per Para 2.63(a) of the Handbook of Procedures, 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.
This is now amended to read as:
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.
The condition of submitting of both bond / security to Customs and ATA Carnet have been replaced by either bond / security to Customs or ATA Carnet.