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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.... 007 C. No. VIII/09/02/2019-Cus. TFC. PF-I Date: 27.08.2019 PUBLIC NOTICE NO. 24/2019-cus Subject:- Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods - reg. Attention of all the Importers, Exporters, Customs Brokers, Steamer Agents, Custodians/ Customs Cargo Service Providers, Trade Associations / Chamber of Co....

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....ort. 3. The issue was examined in consultation with Directorate General of Foreign Trade (DGFT), which administers the reward schemes under Chapter 3 of FTP. DGFT has informed that RBI Master Direction on exports and imports issued vide F. No. RBI/2006-2007/313 A.P.(DIR Series) Circular No. 37 dated 05 April, 2007 already has a provision regarding refund of incentives taken from DGFT for such r....