The Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2022.


The Ministry of Finance on 1st February 2022 has published the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2022 which shall come into force from 1st March 2022.

Through this amendment, under rule 4, the importer shall provide one-time information on the common portal in Form IGCR-1 (Import of Goods at Concessional Rate of Duty) containing the following particulars, namely:

  • the name and address of the importer and his job worker, if any;
  • the goods produced or process undertaken at the manufacturing facility of the importer or his job worker, if any, or both;
  • the nature and description of goods imported used in the manufacture of goods at the premises of the importer or the job worker, if any;
  • particulars of the exemption notification applicable on such import ;
  • nature of output service rendered utilising the goods imported; and
  • the intended port(s) of import

On acceptance of the above information, an Import of Goods at Concessional Rate Identification Number (IIN) shall be generated against such information furnished:

Provided that such information may be updated on the common portal in case of a change in the details furnished in such Form.

The importer shall maintain a record of the goods sent for job work during the month and mention the same in the monthly statement. The importer shall send the goods to the premises of the job worker under an invoice or wherever applicable through an e-way bill.

The maximum period for which the goods can be sent to the job worker shall be six months from the date of invoice or an e-way bill.

The importer who has availed the benefit of an exemption notification shall use the goods imported in accordance with the conditions specified in the concerned exemption notification within six months from the date of import and with respect to unutilised or defective goods so imported, the importer has an option to either re-export such goods or clear the same for home consumption within the said period. The importer who opts to re-export such goods, shall record the details of necessary export documents in the monthly statement:

Provided that the value of such goods for re-export shall not be less than the value of the said goods at the time of import.

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