Reimport

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2014 we are a 100% EOU unit, we had imported a testing instrument on payment of duty. As the instrument is one and half year old, it requires some maintenance and repair work to be done. The said instrument is to sent outside India for such repairs, please advise whether we need to take permission form Assistant Commission of Central Excise for such removal or from Development Commissioner

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 October 2014 Please see the Regulations:-

1. (i) These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2001.

(ii) They shall come into force with immediate effect.

2. In the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, (hereinafter referred as to 'the said Regulations'),

(i) in Regulation 4,

(a) in clause (i), after the words 'Export Processing Zones', the words 'Electronic Hardware Technology Parks, Electronic Software Technology Parks' shall be inserted;

(b) after clause (i), the following clause shall be inserted, namely:-

'(ia) goods listed at items (1), (2) and (3) of clause (i) to be re-exported by units in Special Economic Zones, under intimation to the Development Commissioner of Special Economic Zones / concerned Assistant Commissioner or Deputy Commissioner of Customs,'

(c) after clause (j), the following clauses shall be inserted, namely:-

'(k) goods sent outside India for testing subject to re-import into India;

(l) defective goods sent outside India for repair and re-import provided the foods are accompanied by a certificate from an authorised dealer in India that the export is for repair and re-import and that the export does not involve any transaction in foreign exchange.

(m) exports permitted by the Reserve Bank, on application made to it, subject to the terms and conditions, if any, as stipulated in the permission.'