Re-import duty exemption: specified formerly exported goods exempted from duties and taxes above prescribed thresholds on re-entry. The Notification exempts specified goods re-imported into India, previously exported under drawback, rebate, bond or export incentive schemes, from customs duty and specified indirect taxes only to the extent these amounts exceed the limits in the Table; it sets valuation rules for repaired or treated goods, prescribes procedural requirements (intimation to Customs and licensing authorities, transit bond and certificate of receipt), time-limits for re-import by scheme, and exclusions for certain export categories and goods altered by remanufacture or recasting abroad.