Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022

The Central Board of Indirect Taxes and Customs vide notification dated 30th June 2022 has issued the Courier Imports
and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022. Following revised Conditions and restrictions shall be complied with for re-import of returned jewellery exported through the courier mode on an e-commerce platform.-

1. The authorized courier files the Courier Bill of Entry for re-import for the same Importer-Exporter Code (IEC) holder and at the same international courier terminal, for whom and where the corresponding Courier Shipping Bill (CSB-V)
   for export for that jewellery item was filed;
2. Return e-commerce transaction for the jewellery item is initiated by the same consignee to whom the said jewellery was exported under the corresponding Courier Shipping Bill (CSB-V) and on the same e-commerce platform:
3. Image of the return confirmation page on the e-commerce platform is uploaded on Express Cargo Clearance System (ECCS) while filing Courier Bill of Entry for such re-import;
4. The reason of re-import is provided in the Courier Bill of Entry and the returned jewellery item is re-imported along with the original packing;
5. Exporter, who is re-importing, continues to have a valid IEC and Registration-cum-Membership Certificate (issued by the Gems and Jewellery Export Promotion Council);
6. Free on Board (FOB) value of the jewellery item under re-import was not more than twenty-five thousand rupees when exported;
7. The Courier Bill of Entry for such re-import is filed no later than fortyfive days from the date of corresponding Let Export Order (LEO) of the Courier Shipping Bill for export;
8. The corresponding export stands reconciled by proper filing of Export General Manifest (EGM);
9. Each Courier Bill of Entry filed for such re-import includes item wise details corresponding to the concerned Courier Shipping Bill-V (CSB-V) filed for export;
10. The jewellery item under re-import conforms and corelates to the description filed and other specifications given in the corresponding Courier Shipping Bill-V (CSB-V);
11. Total Cost, Insurance and Freight (CIF) value of such re-imports for an IEC holder in a financial year does not exceed 2% of the total FOB value (in INR) of jewellery classified under CTH 7113 (excluding CTSH 71131190 and CTSH 71131960) and imitation jewellery classified under CTH 7117, of the First Schedule of the Customs Tariff Act,1975 exported by that IEC holder in the previous financial year under the courier mode on ECCS or one lakh rupees,
    whichever is greater;
12. Total number of Courier Bills of Entry filed for such re-imports on account of returns, in a financial year, does not exceed 5% of the total number of Courier Shipping Bills (CSB-V) filed by that IEC holder in the previous financial year under Courier mode on ECCS for jewellery classified under CTH 7113 (excluding CTSH 71131190 and CTSH 71131960) and imitation jewellery classified under CTH 7117, of the First Schedule of the Customs Tariff Act, 1975
    or ten, whichever is greater;
13. Identity of the jewellery under re-import is established to be the same as the one exported and it has not been altered or enhanced.