TMI BlogExemption to re-import of goods exported under duty drawback, rebate of duty or under bond on or before the 30th June 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... nary, Part II, Section 3, Sub-section (ii), vide number G.S.R..569 dated the 16th December, 1996 , except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling within any Chapter of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and specified in column (2) of the Table below when re- imported into India, from so much of the duty of customs leviable thereon which is specified in the said First Schedule, and 1 [***] the additional duty, integrated tax , compensation cess leviable thereon respectively under sub-sections (1), (3), (5), (7) and (9) of section 3 of the said Cu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rged from the export obligation by DGFT; (ii) In case of EPCG scheme the period of full export performance has not expired and necessary endorsements regarding reimport have been made; (iii) The importer had intimated the details of the consignment re-imported to the Assistant Commissioner of Customs or Deputy Commissioner of Customs in charge of the factory where the goods were manufactured or the premises from where the goods were supplied and to the licensing authority regarding the fact of re-importation and produces a dated acknowledgement of such intimation at the time of clearance of goods; (iv) The manufacturer- exporters may be permitted clearance of such goods without payment of Central Excise duty or integrated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Special Economic Zone and brought to any other place in India. Explanation . - For the purpose of this notification, Special Economic Zone has the meaning assigned to it in clause (za) of section 2 of the Special Economic Zones Act, 2005 (28 of 2005) . Nil. 5 Goods other than those falling under [Sl. No. 1, 2, 3 and 4] Nil : Provided that the Assistant Commissioner of Customs/ Deputy Commissioner of Customs is satisfied that- (a) in the case of Bhutan, the machinery and equipment other than those exported under Duty Exemption Scheme(DEEC/Advance Authorisation/DFIA) or Export Promotion Capital Goods Scheme(EPCG) or Duty Entitlement Passbook ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lling under Serial number 2 of the Table there has been no change in ownership of the goods between the time of export of such goods and re-import thererof; (f) in the case of the goods falling under Serial numbers 1 and 3 of the Table and where the value of exported goods was counted towards fulfillment of export obligation, the amount of customs duties leviable on the duty-free inputs obtained from Nominated Agencies but for the exemption availed under the Ministry of Finance (Department of Revenue) notification No. 56/2000-Customs dated the 5th May, 2000 [vide G.S.R. 399 (E), dated the 5th May, 2000] and notification No. 57/2000-Customs dated the 8th May, 2000 [vide G.S.R. 413 (E), dated the 8th May, 2000] shall also be paid in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15 . (c) 'Nominated agencies' means,- (i) Metals and Minerals Trading Corporation Limited (MMTC); (ii) Handicraft and Handloom Export Corporation (HHEC); (iii) State Trading Corporation (STC); (iv) Project and Equipment Corporation of India Ltd. (PEC); (v) STCL Ltd; (vi) MSTC Ltd; (vii) Diamond India Limited (DIL); (viii) Four Star Export House from Gems Jewellery sector and Five Star Export House from any sector as may be recognised as nominated agencies by Regional Authority in terms of the Foreign Trade Policy; (ix) any bank as authorised by Reserve Bank of India as Nominated Agency. 3 [ (d) on recommendation of the GST Council, for removal of doubt, it is clarif ..... X X X X Extracts X X X X X X X X Extracts X X X X
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