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of <h1>New DGFT Circular: Restrictions on Duty-Free Imports of Indian-Origin Goods to Prevent Export Scheme Misuse.</h1> The circular issued by the Directorate General of Foreign Trade addresses the import of goods of Indian origin under various export promotion schemes. It highlights concerns about potential misuse, where goods could be exported to claim benefits and then imported duty-free or at reduced rates, leading to revenue loss. The committee decided that such imports are not permissible unless they comply with conditions in Customs Notification 94/96. Additionally, the export of goods of foreign origin under these schemes is restricted unless they undergo manufacturing or processing in India. Exceptions apply where no export benefits are claimed, as per specific Exim Policy provisions.
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