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

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....its given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods - reg. Kind attention of importers exporters and members of Trade is invited to Notifications No.94/1996-Cus dated 16.12.1996, No.45/2017-Cus, No.46/2017-Cus and No.47 /2017-cus all dated 30.06.2017 regarding re-import of goods exported from India. In this connection, issue regarding recovery of ex....

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....ovision regarding refund of incentives taken from DGFT for such re-imports. DGFT has also informed that as per para 3.24 of Handbook of Procedures issued under FTP 2015-20, a procedure for obtaining 'no-incentive certificate' from Regional Authority CRA) of DGFT has been prescribed for such cases of re-import. 3. Thus it is incumbent upon the importer to provide a no incentive certificat....