No-incentive certificate requirement enforces recovery of export incentives on re-importation and conditions customs clearance accordingly. Customs clearance on re-import shall be conditioned on presentation of a no-incentive certificate from the Regional Authority of the trade-policy administrator where export incentives under Chapter 3 of the Foreign Trade Policy were availed; field formations must review past re-imports and coordinate recovery of inadmissible duty credits, and submit a compliance report to the issuing office.
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Provisions expressly mentioned in the judgment/order text.
No-incentive certificate requirement enforces recovery of export incentives on re-importation and conditions customs clearance accordingly.
Customs clearance on re-import shall be conditioned on presentation of a no-incentive certificate from the Regional Authority of the trade-policy administrator where export incentives under Chapter 3 of the Foreign Trade Policy were availed; field formations must review past re-imports and coordinate recovery of inadmissible duty credits, and submit a compliance report to the issuing office.
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