The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 362] NEW DELHI, MONDAY, DECEMBER 18, 1978/AGRAHAYANA 27, 1900
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 18th December, 1978
CUSTOMS
1168 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC 3(!>fl(52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 190~Customs dated the 27th August, 1977 the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts horses and mares including colts and fillies imported only for the purposes of breed-tag and falling within Chapter I of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) from the whole of the duty of customs leviable thereon which is specified in the said First Schedule:
Provided that thj Stud Book relating to such horses mares, colts or fillies, as the case may be, shall be endorsed by the proper officer of customs to the effect that the said imported horses, mares, colts or fillies shall not be used or allowed to be used for racing purposes before the expiry cf five years from the date of their importation;
Provided further that every importer of such horses, mares, colts or fillies as the case may be, executes a bond in such form and for such sum as the Assistant Collector of Customs may, having regard to the circumstances of the case, specify, binding himself to pay that sum in the event of the horses, mares, colts, or fillies as the case may be, being put to use or sold for any purpose other than breeding, before the expiry of five years from the date of their importation.
[No. 237/F. No. 370/128/78-Cus. II
A. BORDIA, Under Secy.