Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
Highlights
D. Forum
What's New
Sub-Menu

Share:      

        Home        
 
Discussions Forum
Home Forum Customs - Import - Export - Customs - SEZ This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Aluminium Engine Import, Customs - Import - Export - Customs - SEZ

Issue Id: - 111485
Dated: 9-2-2017
By:- Sam M
Aluminium Engine Import

  • Contents

Hello,

We have imported Aluminium Engine scrap into India. On Import, we have paid custom duty for aluminium engine scrap. We are dismantling and segregating the Engines into raw scrap using Pneumatic Tools and Hydraulic Presses. We now wish to sell finalised Product as Aluminium Scrap and Heavy Melting steel Scrap. How do we get a refund of the custom duty that we have paid earlier other than the SAD? Further, what all certifications and licensing is required to setup the industry in the correct way.

Thank you for your assistance.

Posts / Replies

Showing Replies 1 to 3 of 3 Records

1 Dated: 10-2-2017
By:- YAGAY AND SUN

Please check Notification No. 102/2007-Customs as amended from time to time. But this notification says sale as such. In our view you may not get any benefit.


2 Dated: 11-2-2017
By:- Kishan Barai

According to my view only SAD refund of 4% is possible in your case. To get more refund you need to export that product, more refund is not provided on domestic sales.


3 Dated: 11-2-2017
By:- YAGAY AND SUN

If you sell in domestic market then you cannot get the refund of Customs Duty Untill unless you export it out of India.


1

Old Query - New Comments are closed.

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||