want to know all about import purchase return procidure-
This query is : Open
07 February 2009
Dear sir,
I am working in Manufacuring Unit.and i want to know all about Imported Material Purchase To be returned to Foreign Contry Supplier under Central Excise Law.
I am working in Manufacuring Unit.and i want to know all about Imported Material Purchase To be returned to Foreign Contry Supplier under Central Excise Law.
07 February 2009
Want to know about above subject
09 February 2009
The manufacturing unit may have taken cenvat credit on the purchased material. In that case the unit may export the goods under bond.
However, through this procedure you will loose the Basic Custom duty paid. For basic custom duty purpose, you can claim drawback under Section 74 of the Custom Act.
However, through this procedure you will loose the Basic Custom duty paid. For basic custom duty purpose, you can claim drawback under Section 74 of the Custom Act.
12 February 2009
waiting for complite procidure undere exicse rules
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