India says foreign goods can overstay
The Central Board of Indirect Taxes and Customs (CBIC) introduced greater flexibility for foreign businesses and organisations on Friday, bringing goods into India temporarily by allowing senior customs…
Attributed summary
The Central Board of Indirect Taxes and Customs (CBIC) introduced greater flexibility for foreign businesses and organisations on Friday, bringing goods into India temporarily by allowing senior customs officials to extend the existing four-month stay limit under the ATA Carnet system.The move will benefit foreign exhibitors, businesses, media organisations and other international participants who need to bring equipment, commercial samples or professional goods into India for a limited period. Until…
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