24 April 2015
Para 6.21 of policy procedures 2015-2020 Sub – Contracting
"In case of sub - contracting of production process abroad, goods may be exported from sub - contractor premises subject to conditions that at the time of clearance of goods, the EOU / EHTP / BTP / STP unit shall declare (i) the transaction value of the finished goods to be cleared from the sub - contractor’s premises abroad; (ii) job work charges to be paid to the sub - contractor abroad; and (iii) value of intermediate goods; supported with documents like (a) sale price contract / or invoice for the finished goods, (b) job work contract and (c) the basis of arriving at the value of intermediate goods. The EOU / EHTP / BTP / STP unit shall also ensure full repatriation of foreign exchange declared as the transaction value of the finished goods cleared from the sub - contractor’s premises abroad."
also intimate to concerned D.C of concerned authority.
SEZ rules 41(h) -mould can move to subcontractor's place for production.
query: we are manufacture & exporter. for the purpose of production, SEZ send mould to DTA. whether is there any provision for send mould to DTA without payment of duty
CAclubindia
