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=62625 Re-imported goods on which Chapter 3 FTP incentives were availed must be presented to Customs with a no-incentive certificate from the Regional Authority of DGFT; Customs must ensure this certificate before clearance. Field formations must review past re-imports and coordinate with DGFT to recover any inadmissible duty credit or reward amounts, and submit a compliance report to the Drawback Division by the specified deadline. en-us Tue, 27 Aug 2019 00:00:00 +0530 Sat, 28 Sep 2019 13:42:00 +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=62625 Re-imported goods on which Chapter 3 FTP incentives were availed must be presented to Customs with a no-incentive certificate from the Regional Authority of DGFT; Customs must ensure this certificate before clearance. Field formations must review past re-imports and coordinate with DGFT to recover any inadmissible duty credit or reward amounts, and submit a compliance report to the Drawback Division by the specified deadline. Circulars Customs Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62625