Treatment of reimport goods for processing & re-export-reg.
Ram kr. (Buisness) (883 Points)
07 February 2017Ram kr. (Buisness) (883 Points)
07 February 2017
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 10 February 2017
1. There is no need to pay duty on import of exported goods if the goods will be re-exported after rework. If paid you can take credit.
2. Yes. You have to reverse the incentive like drawback etc., at the time of import.
3. Yes. You have to intimate your range office, the supdnt of c.ex will be verified goods.