CBIC Allows Extension Beyond Two-Year Re-Export Limit for Duty-Free Event Imports:

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance (Department of Revenue) has extended the existing two-year re-export limit for duty-free event imports.

The CBIC has made this extension in exercise of its powers granted under sub-section (1) of Section 25 of the Customs Act, 1962 (52 of 1962). This extension has been officially announced via Notification No. 28/2026-Customs, dated July 10, 2026, which has further amended an earlier Ministry of Finance (Department of Revenue) Notification No. 8/2016-Customs, dated February 5, 2016.

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In the aforementioned notification, in condition (6), after the first provision, "Provided further that in any particular case, the aforesaid period of two years may, on sufficient cause being shown, be extended by the Board by such further period as it may deem fit" has been inserted.

Similarly, in the said notification, in condition (6), in the second provision, in place of the words "Provided further that", the words "Provided also that" have been replaced.

The latest Notification No. 28/2026-Customs, dated July 10, 2026, reads, "Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2016-Customs, dated the 5th February, 2016, published in the Gazette of India, Extraordinary vide number G.S.R. 147(E), dated the 5th February, 2016."

Refer to the official notification for complete information.