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<h1>Customs Act 1962: New Guidelines for Precise Duty Drawback Assessments on Re-exports u/s 74. Detailed Reports Required.</h1> The circular addresses the Duty Drawback Scheme concerning re-export under Section 74 of the Customs Act 1962. It highlights the need for precise assessment practices to confirm the identity and condition of goods being re-exported, ensuring they match those initially imported. The circular mandates detailed examination reports on shipping bills, avoiding vague language, and requires that each re-export case be processed with a reasoned order by the Assistant or Deputy Commissioner of Customs. This process is intended to ensure legality and propriety, with the potential for review by the Commissioner.