Can IGCR Clearance Be Cancelled or Withdrawn?

Yes. Under the IGCR (Import of Goods at Concessional Rate of Duty) Rules, 2017, Customs authorities have the power to cancel or withdraw IGCR clearance if the importer fails to comply with the prescribed rules and conditions.

Situations Where IGCR May Be Cancelled/Withdrawn:

1. Misuse of Goods:
   If imported goods are sold, transferred, or diverted for purposes other than those declared at the time of registration.
2. Non-Compliance with Timelines:
   Failure to file monthly/quarterly returns or delay in utilizing imported goods for the specified end use.
3. Incorrect or False Information:
   Providing misleading declarations, forged documents, or false end-use details can lead to cancellation.
4. Failure to Maintain Records:
   Not maintaining proper accounts of imported goods and their consumption can invite withdrawal of benefits.
5. Repeated Violations:
   Habitual non-compliance may result in permanent cancellation of IGCR registration.

Consequences of Cancellation:

• Immediate loss of concessional duty benefits.
• Customs demand for repayment of duty along with interest.
• Possible penalties under the Customs Act, 1962.
• Importer may also face stricter scrutiny in future imports.

👉 In short, IGCR clearance is conditional. Customs can withdraw it anytime if rules are violated. Compliance is key to retaining benefits.

Learn more about IGCR at https://www.jparks.co/services/apply-for-igcr-clearance/