Duty on re export of raw material

This query is : Resolved

srinivas (Querist)
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27 September 2015 Dear all

we are manufacturing products and exporting under LUT

we have imported raw material. part of customs duty paid was taken as cenvat input credit. after one year we have re exported imported raw materials .

1) is re export of raw material exempted under LUT ? or input to be reversed .

2)can we apply for duty draw back for re exports ?

Arun Kumar Singh

Arun Kumar Singh (Expert)
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06 October 2015 If goods are defected then you can re-export the imported goods without payment of excise duty under LUT and you can take the duty drawback and cenvat credit of CVD and SAD.