TaxTMI 
TaxTMI 
TaxTMI 
An Individual import FOC samples from a foreign seller, generates orders locally and retun the samples to foreign seller. The individual directly doesn’t involve in trade of the FOC samples received.
While importing FOC samples through, the individual ends up paying IGST and BCD. How the same can be claimed back when returning the samples. The samples are returned in parts for example as illustrated in the matrix below. The samples were received FOC and are to be returned FOC.
Q1: Claiming BCD : Which scheme code to put when filing BOE’s and SB’s respectively to claim the BCD. The Icegate has a list of 100+ scheme codes. Any other details on SOP?
Q2 : Claiming IGST : how to go about it
Q3 : which type of SB should be filed for reconciliation?
| Import | RETRUN (SB1) | RETURN (SB2) | RETURN (SB3) | RETURN (SB4) | IN HAND AT THE END OF 2ndYEAR | ||||
| 15-Mar of the next year | 15-Jul of the next year | 15-Sep of the next year | 15-Decof the next year | ||||||
| 01-Jan | BOE1 | 25 Pcs | 5 PCS | 5 PCS | 5 PCS | 5 PCS | 5 PCS | ||
| 01-Feb | BOE2 | 50 PCS | 10 PCS | 10 PCS | 10 PCS | 10 PCS | 10 PCS | ||
| 01-Mar | BOE3 | 10 PCS | 5 PCS | 5 PCS | 0 | ||||
| 01-Apr | BOE4 | 35 PCS | 10 PCS | 10 PCS | 10 PCS | 5 PCS | |||
| 01-May | BOE5 | 15 PCS | 10 PCS | 5 PCS | |||||
| 01-Jun | BOE6 | 35 PCS | 10 PCS | 10 PCS | 10 PCS | 5 PCS | |||
| TOTAL | 170 PCS | 20 PCS | 50 PCS | 35 PCS | 35 PCS | 30 PCS | |||
The list of 100+ scheme codes as available on ICEGATE
00. Free SB Involving Remittance Of Foreign Exchange
01. Advance License With Actual User Condition
02. Advance License For Intermediate Supplies
03. Advance License
04. Advance Release Order
05. Advance License For Deemed Exports
06. DEPB Post Export
07. DEPB-Pre Export
08. Replenishment Licence
09. Diamond Imprest Licence
10. Bulk License
11. Concessional Duty EPCG Scheme
12. Zero Duty EPCG Scheme
13. CCP
14. Import License For Restricted Items Of Imports
15. Special Import License
16. Export License
17. Advance Licence for annual requirement
18. (Intentionally left blank – No 18 in source text)
19. Drawback
20. Jobbing(JBG)
21. EOU/EPZ/SEZ/EHTP/STP
22. Duty Free Credit Entitlement Certificate
23. Target Plus Scheme
24. Vishesh Krishi Upaj Yojana (VKUY)
25. DFCE for Status holder
26. Duty Free Import Authorization
27. Focus Market Scheme
28. Focus Product Scheme
29. High Tech Products Export Promotion Scheme
30. EPCG Duty Based
31. Status Holder Incentive Scheme
32. Tariff Quota
33. (Intentionally left blank – to maintain numbering)
34. (Intentionally left blank – to maintain numbering)
35. Incremental Incentivisation Scheme
36. Merchandise Export Incentive Scheme
37. Service Export Incentive Scheme
38. (Intentionally left blank – to maintain numbering)
39. Rebate of State and Central Taxes Levies
40. DBK and Advance Licence for annual requirement
41. Drawback And Advance License
42. (Intentionally left blank – to maintain numbering)
43. Drawback And Zero Duty EPCG
44. Drawback And Concessional Duty EPCG
45. Drawback And Pre Export DEPB
46. Drawback And Post Export DEPB
47. Drawback And JBG
48. Drawback And Diamond Imprest Licence
49. Drawback And EOU/EPZ/SEZ
50. EPCG And Advance Licence
51. (Intentionally left blank – to maintain numbering)
52. EPCG and JBG
53. EPCG And Diamond Imprest Licence
54. EPCG And Replenishment Licence
55. EPCG and DEPB(Post Exports)
56. EPCG and Advance Licence for annual requirement
57. (Intentionally left blank – to maintain numbering)
58. (Intentionally left blank – to maintain numbering)
59. EPCG and DFIA
60. Drawback, and ROSCTL
61. EPCG,Drawback and ROSCTL
62. Drawback and special DEEC(4.04A)
63. EPCG,Drawback and special DEEC(4.04A)
64. EPCG,Drawback and special DEEC(4.04A)
65. EPCG,Drawback,special DEEC(4.04A) and ROSCTL
66. (Intentionally left blank – to maintain numbering)
67. (Intentionally left blank – to maintain numbering)
68. (Intentionally left blank – to maintain numbering)
69. (Intentionally left blank – to maintain numbering)
70. (Intentionally left blank – to maintain numbering)
71. EPCG,Drawback And DEEC
72. (Intentionally left blank – to maintain numbering)
73. EPCG,DRAWBACK And Jobbing
74. EPCG Drawback And Diamond Imprest Licence
75. EPCG Drawback And DEPB Post Export
76. Epcg, Drawback And Depb (Pre-export)
77. (Intentionally left blank – to maintain numbering)
78. (Intentionally left blank – to maintain numbering)
79. EPCG,Drawback and DFIA
80. EPCG,Drawback and Advance Licence for annual requirement
81. DFIA and Drawback
82. (Intentionally left blank – to maintain numbering)
83. (Intentionally left blank – to maintain numbering)
84. (Intentionally left blank – to maintain numbering)
85. (Intentionally left blank – to maintain numbering)
86. (Intentionally left blank – to maintain numbering)
87. (Intentionally left blank – to maintain numbering)
88. (Intentionally left blank – to maintain numbering)
89. (Intentionally left blank – to maintain numbering)
90. (Intentionally left blank – to maintain numbering)
91. Merchandise Export Incentive Scheme for eCommerce Shipments
92. (Intentionally left blank – to maintain numbering)
93. (Intentionally left blank – to maintain numbering)
94. (Intentionally left blank – to maintain numbering)
95. (Intentionally left blank – to maintain numbering)
96. (Intentionally left blank – to maintain numbering)
97. (Intentionally left blank – to maintain numbering)
98. Free Shipping Bill involving Indian Currency
99. NFEI (No Foreign Exchange Involved)
100. PI-Project Import / RD-RoDTEP Scheme / RS-RoSCTL Scheme