Reexport under sec 74

[SWAMI NATHAN]

Sir

We have imported goods from Sri Lanka and kept in bonded warehouse without payment of duty. Now we would like to reexport to other countries by doing some relabeling. The nature of the Product does not change, but the identity of the product (i.e the label on the product imported will be changed to some other name). Whether we are eligible for the 98% Drawback.

 

[YAGAY and SUN]

No, you can't.  Goods intended for re-export under Section 74 of the Customs Act, 1961, must be in their original packing and must be identified by the Customs Authorities in this respect.

AI Summary

Re-export identification requirement bars drawback when relabelling changes a product's identity despite unchanged nature.
Drawback for re-exported goods requires original packing and identification by Customs; relabelling that changes product identity disqualifies the goods from drawback eligibility even if their nature remains unchanged.