The Central Board of Indirect Taxes & Customs vide circular dated the 24th of September, 2021 has relaxed the requirements for re-export of imported containers of durable nature. The Assistant Commissioner may grant an extension beyond 6 months up to further 3 months for the reasons to be recorded in writing.
Where the initial period of 6 months is till on or before 31.03.2022, the extension will also be applicable on receiving intimation before expiry of initial period of 6 months from the concerned importer that the container shall be re-exported in laden condition within the next 3 months.
