The Directorate General of Foreign Trade, (DGFT) on October 07, 2024, issued a notification regarding the Provision for Import and Re-import of Exhibits and Sample.
The following has been stated-
•Para 2.60 of Handbook of Procedures (HBP) 2023 which lays down the procedure for import of "Exhibits and Samples", It has been provided that "Import/Export of exhibits on re-export / re- import basis, shall be allowed without an Authorization subject to conditions and on submission of a bond/security to Customs or ATA Carnet".
•Accordingly, the matter has been reviewed in DGFT and it is clarified that import / re-import of "Exhibits and Samples for demo, display, exhibition and participation in fairs or participation of the same in India or abroad shall be regulated under Para 2.60 of HBP 2023 and not subjected to requirement of import authorization or registration under Import Monitoring Systems subject to other compliance in terms of Para 2.60 of HBP.
[Trade Notice No. 20/2024-25]
