Finance Ministry Waives Customs Duty on Artworks and Antiques Meant for Public Display

The Finance Ministry has waived basic customs duty on artworks and antiques imported for public display in museums and government-approved exhibitions. This notification aims to promote cultural exchange and make international art more accessible to Indian audiences. The exemption applies only to temporary imports with re-export guarantees and requires certification from the Ministry of Culture. Commercial imports and items for private collections remain subject to regular duties. The move is expected to facilitate major international exhibitions in India while maintaining controls against illicit trafficking of cultural property.