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of <h1>CBIC Requires 'No Incentive Certificate' for Re-imported Goods to Recover Export Benefits; Compliance Due by Sept 20, 2019.</h1> The circular addresses the recovery of export benefits under incentive and reward schemes from the Foreign Trade Policy (FTP) when exported goods are re-imported. It highlights that there is no provision in the Customs notification to recover duty credits upon re-import. The Central Board of Indirect Taxes and Customs (CBIC), in consultation with the Directorate General of Foreign Trade (DGFT), mandates importers to obtain a 'No Incentive Certificate' from DGFT's Regional Authority during re-import. Import Groups must review past re-import cases to recover inadmissible duty credits and report compliance to the Appraising General section by September 20, 2019.
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