Import of goods of Indian Origin under the various Export Promotion Schemes

Import of goods of Indian Origin under the various Export Promotion Schemes https://www.taxtmi.com/circulars?id=2338 Import of Indian-origin goods under export promotion schemes is not permissible except as allowed by Customs Notification 94/96; this prohibition aims to prevent misuse whereby export benefits are obtained and goods are re-imported duty free or at concessional duty, causing revenue loss. Exports of foreign-origin goods under these schemes are barred unless manufacturing, re-processing, or operations have been carried out in India. The restrictions do not apply where no benefits are claimed under the Exim Policy provisions referenced. en-us Thu, 10 Jan 2002 00:00:00 +0530 Mon, 02 Mar 2009 15:29:00 +0530 TaxTMI RSS Generator Import of goods of Indian Origin under the various Export Promotion Schemes https://www.taxtmi.com/circulars?id=2338 Import of Indian-origin goods under export promotion schemes is not permissible except as allowed by Customs Notification 94/96; this prohibition aims to prevent misuse whereby export benefits are obtained and goods are re-imported duty free or at concessional duty, causing revenue loss. Exports of foreign-origin goods under these schemes are barred unless manufacturing, re-processing, or operations have been carried out in India. The restrictions do not apply where no benefits are claimed under the Exim Policy provisions referenced. Circulars DGFT Thu, 10 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2338