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Customs - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

Claim of benefit of exemption - re-imported air craft engines ...

Customs

September 27, 2021

Claim of benefit of exemption - re-imported air craft engines and parts thereof which were exported for the purposes of repairs/ reconditioning etc. - It is very clear that additional duty, integrated tax, compensation cess are exempted and customs duty would be limited to be taxed on the value of the fair cost of repairs carried out including cost of materials used in repairs, insurance and freight charges. - AT

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