Export rejection
This query is : Resolved
22 September 2012
We have exported our components to italy. the customer has rejected some of our components. we need to receive the material from Italy and rework the same. and send it back to italy. what is the procedure to be follow.
1.we have gone under LUT for exports.
2.how to receive the material from Italy -what is the duty involvement.
3.how to re-export .
4.what are the documents to be receive from the customs
We have exported our components to italy. the customer has rejected some of our components. we need to receive the material from Italy and rework the same. and send it back to italy. what is the procedure to be follow.
1.we have gone under LUT for exports.
2.how to receive the material from Italy -what is the duty involvement.
3.how to re-export .
4.what are the documents to be receive from the customs
22 September 2012
I think there will be no issue in importing back the goods, do the repair and export in back.
You need to provide the below documents to customs on imports to avoid customs duty payment
1. Complete Export documents to Customs Dept,shipping
2. Rejection certificzate from Buyer
3.Your confirmation for repairing and sending it back.
If you have claimed export incentives i.e. Drawback , SHIS etc,You need to submit a BG to customs equivellent to that amount, post export after repair you will get the BG back
I think there will be no issue in importing back the goods, do the repair and export in back.
You need to provide the below documents to customs on imports to avoid customs duty payment
1. Complete Export documents to Customs Dept,shipping
2. Rejection certificzate from Buyer
3.Your confirmation for repairing and sending it back.
If you have claimed export incentives i.e. Drawback , SHIS etc,You need to submit a BG to customs equivellent to that amount, post export after repair you will get the BG back
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
