Re-import procedure

[Rajan Rajan]

Dear sirs,

Good Morning,

We have exported our goods over a period under UT1, which are rejected and proposed to be returned back. In this connection, please clarify the following points.

1. Whether we have to pay duty at the time of import (or) exempted.
2. Procedure to be followed while returning back
3. Other conditions/procedures to be following for covering the entire transactions, if any

AI Summary

Re-import duty exemption: duty-free return allowed within prescribed time by bond, or alternatively re-import on payment under notification.
Re-import of exported goods may be allowed duty free if returned within the prescribed time and the importer executes the required customs bond and complies with procedural rules; drawback claims and surrendered export incentives must be adjusted or refunded (with applicable interest), and returned goods do not constitute fulfillment of export obligations. If exemption conditions are not met, re importation may occur on payment of prescribed duties under the customs re import provisions, with possible credit for duties paid (excluding surrendered incentives) where the goods were originally exported under export promotion schemes.