The Import of Goods at Concessional Rate of Duty (IGCR) Rules, 2022 were notified on September 10, 2022. These rules allow importers to avail customs duty exemptions under Section 25(1) of the Customs Act, 1962, provided the goods are used for their intended purpose within a specified timeframe.

Key Features of IGCR Rules, 2022:

Duty Concession: Importers can import goods at a reduced customs duty rate under an exemption notification.

End-Use Compliance: The imported goods must be utilized for the purpose specified in the exemption.

Regulated Process: Notified documentation and adherence to timelines are required for compliance.

How We Can Help

We provide end-to-end assistance in availing benefits under IGCR & MOOWR:

• Eligibility Assessment – Determine if your imported goods qualify under IGCR Rules.
• Application & Documentation – Prepare applications, bonds, and all requisite documents.
• INN Generation & Approval Processing – Handle application filing and permission processing on a best-effort basis.
• Regulatory Compliance Support – Ensure smooth adherence to IGCRD & MOOWR requirements.