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

..... M HOUSE, 110 M. G. ROAD, SHILLONG - 793001 F. No. VIII(20)01/CUS/TECH/2018/2619-234 Dated: 02.09.2019 Public Notice No. 07/2019 Subject: - reg. Attention of all concerned is invited to Board's Instruction No.03/2019 - Customs dated 13.08.2019 on the subject cited above along with Board's Notifications No.94/1996- cus dated 16.12.1996, No.45/2017- cus, No.46/2017-Cus and No.47/2017-Cus all .....

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..... 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 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' f .....

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