Concessional import rules: extended reporting periods and re-export permission with valuation safeguard, and revised recordkeeping and quarterly return requirements. Rules are amended to extend reporting references from 'for a quarter' to 'for a period not exceeding one year', to require bill of entry wise accounts showing quantities and values imported, consumed, re exported and in stock, and to mandate submission of a prescribed quarterly return by the tenth day following the quarter. A new rule permits re export of unutilised or defective imports within six months with jurisdictional permission, provided the re export value is not less than the import value; the Annexure is replaced with a detailed quarterly return format.