(1) If an importer sells raw materials, auxiliary raw materials or packaging materials necessary for the production of materials to be exported abroad to the industries of the special economic zone, the customs duty paid by the importer while importing such raw materials shall be returned to him.
(2) In order to get back the customs duty paid during import as per sub-rule (1), the importer shall submit an application to the customs office from which the goods were imported within sixty days of the sale of such goods, attaching the following supporting documents:-
(a) Invoices, declarations and cash receipts for importation of goods,
(b) the contract between the buyer industry and the seller importer regarding the purchase and sale of such goods,
(c) Invoice for sale of goods,
(d) A certified copy of the purchase account showing the purchase of such goods by the procuring industry,
(e) Proof of receipt of payment from the procuring industry,
(E1) Letter of recommendation from the authority (f) A bank guarantee equal to the customs duty on such goods issued on behalf of the buyer industry or the seller in the name of the relevant customs office.
(3) If, upon examining the application received under sub-rule (1), it is found that the customs duty must be refunded, the customs office shall return such duty amount to the applicant within thirty days of the receipt of the application.
(4) If it is found that the customs duty demanded by the petitioner should not be refunded during the investigation according to sub-rule (3), the written information shall be given to the petitioner within seven days after the disclosure of the reason.
(5) The bank guarantee as per clause (f) of sub-rule (2) shall be released after the production of the goods produced by the industry using the goods sold as per sub-rule (1) is exported abroad and foreign currency is received.
(6) Notwithstanding anything contained in sub-rule (1), if the seller has sold any goods including the customs duty at the import price, the customs duty paid at the time of import shall not be refunded.