Attention is invited to DGFT Policy Circular No.12 (RE 2005/2004-2009) dated 27.6.2005. Paragraph 3 of this Circular is related to re-export of the material imported from an unregistered source in the event of failure to export the resultant product. As per the said circular, the exporter is required to re-export the imported material to the satisfaction of Customs Authorities. Representations have now been received on the difficulties in operation of this provision and accordingly the trade bodies.
