Requirement of “No Objection Certificate” from RBI for the re-export of the goods shipped contrary to the instructions of the importers - Regarding

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..... , New Delhi Subject: Requirement of "No Objection Certificate" from RBI for the re-export of the goods shipped contrary to the instructions of the importers - Regarding. I am directed to refer to the instructions contained in Board's letter F. No. 18/1/59-Cus. (CRC), dated 8-6-1959 on the above mentioned subject wherein it was stated that the goods shipped contrary to the instructions of th .....

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..... India who have opined that the "NOC" from RBI need not be insisted for re-export of such imported items. Therefore, the Commissioner may use his discretion and allow re-export without the requirement of a "No Objection Certificate" from the Reserve Bank of India, on payment of a nominal penalty or without any penalty as he deems fit, provided that he is satisfied that the goods have been imported .....

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