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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..... Indirect Taxes Customs Drawback Division ***** New Delhi, the 13th August, 2019 To All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive)/Customs Central Tax All Principal Directors General/Directors General under CBIC Madam/Sir, Subject: - Recovery of export benefits given .....

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..... availed at the time of export. 2. 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 i .....

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..... credit, if any, in coordination with DGFT authorities. A compliance report may please be sent to Drawback Division by 30.09.2019. 5. These instructions may be brought to the notice of all concerned by issuing suitable Standing Order and Trade Notice. Difficulties faced, if any, in implementation may please be brought to the notice of the Board. Yours faithfully (Shyam .....

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