Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods

Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods https://www.taxtmi.com/circulars?id=62170 Customs must ensure production of a no-incentive certificate from the Regional Authority of DGFT before clearance of re-imported goods, placing the onus on the importer to prove that export incentive or duty-credit benefits have been refunded or adjusted; field formations must review past re-imports, coordinate with DGFT to recover inadmissible incentives, issue standing orders and trade notices, and report compliance to the Drawback Division. en-us Tue, 13 Aug 2019 00:00:00 +0530 Tue, 13 Aug 2019 16:40:00 +0530 TaxTMI RSS Generator Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods https://www.taxtmi.com/circulars?id=62170 Customs must ensure production of a no-incentive certificate from the Regional Authority of DGFT before clearance of re-imported goods, placing the onus on the importer to prove that export incentive or duty-credit benefits have been refunded or adjusted; field formations must review past re-imports, coordinate with DGFT to recover inadmissible incentives, issue standing orders and trade notices, and report compliance to the Drawback Division. Circulars Customs Tue, 13 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62170