Exprted goods return with payment of custom duty
Ram kr. (Buisness) (883 Points)
05 June 2014Ram kr. (Buisness) (883 Points)
05 June 2014
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 14 June 2014
If exported goods are re-imported, these can be cleared on payment of customs duty equal to duty drawback or rebate of excise duty availed- notification no. 94/96-Cus datted 16.12.1996. Basic principle in this notification is that all export incentives granted at the time of export of the goods should be returned if goods are re-imported.