aforesaid  period  for  re-export,  the

per cent.;

importer  shall  pay  the  difference

(v) goods  which  are  re-exported  after

between the duty payable under the

twelve  months,  but  within  fifteen

relevant clause in column (3) and the

months, of the date of import, so much

duty already paid at the time of their

of the duty of customs as is in excess

import;

of the amount calculated at the rate of

(6) the importer executes a bond, with a

thirty-five per cent.;

bank guarantee, undertaking–

(vi) goods  which  are  re-exported  after

(a)  to  pay  integrated  tax  leviable

fifteen  months,  but  within  eighteen

under sub-section (1) of section 5 of

months, of the date of import, so much

the  Integrated  Goods  and  Services

of the duty of customs as is in excess

Act,  2017  on  supply  of  service

of the amount calculated at the rate of

covered  by  items  1(b)  or  5(f)  of

forty per cent.,

Schedule II of the Central Goods and

of the aggregate of the duties of customs,

Services Act, 2017;

which   would   be   leviable   under   the

(b) to re-export the said goods within

Customs   Act,   1962   read   with   any

three months of the date of import or

notification for the time being in force in

within the aforesaid extended period;

respect of the duty so chargeable.

(c) to produce the goods before the

Assistant Commissioner of Customs

or   the   Deputy  Commissioner   of

Customs for identification before re-

export;

(d)  to  pay  the  balance  of  customs

duty, along with interest, at the rate

fixed  by  notification  issued  under

section  28AA  of  the  Customs  Act,

1962, for the period starting from the

date of import of the said goods and

ending  with  the  date  on  which  the

duty is paid in full, if the re-export

does   not   take   place   within   the

stipulated period; and

(e)  to  pay  on  demand  an  amount

equal to the integrated tax along with

applicable interest payable on the said

goods  but  for  the  exemption  under

this  notification  in  the  event  of

violation   of   any   of   the   above

conditions.