Import Rejection

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SHAH ATUL (Querist)
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03 July 2009 Company is a manufacturer.Import a goods from group Companies.If we reject the import material due to quality issue.

My quary is as under.

Co had taken a cenvat credit on CVD part on same good which they rexport as a rejction.Can they have to revese the CVD part from RG 23 Part II.??

Non modvatable customduty part can they apply with custom for refund on which they have not taken the credit.??

OR they will have to revese the CVD part as reverse in RG 23 Part II and then we claim for full custom duty refund.??

Can any body reply.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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05 July 2009 Since the material has been rejected and is to be returned the question of availing the credit does not arise.
You should reverse the credit and claim the entire duty back. Depending on time only part maybe available as refund.