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Import Under Concessional rate of duty & same export under advance license sheme, Customs - Import - Export - Customs - SEZ

Issue Id: - 116116
Dated: 7-3-2020
By:- Keyur Goswami
Import Under Concessional rate of duty & same export under advance license sheme

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Respected sir,

We are importing raw material under concessional rate of duty and also under advance license for manufacturing of our cable product

Here my query is in case of export can we avail benefits of advance license even if raw material consumed is of goods imported under concessional rate of duty.

regards - Keyur Goswami

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Posts / Replies

Showing Replies 1 to 6 of 6 Records

1 Dated: 9-3-2020
By:- KASTURI SETHI

In my view, both schemes must not be inter-mingled. Do not commit record based mistake. You will find problem in convincing the department, if hybrid procedure is adopted.


2 Dated: 11-3-2020
By:- Keyur Goswami

thank's for the information , also i want to know is there any prior notification regarding this subject which specify such in details.


3 Dated: 11-3-2020
By:- KASTURI SETHI

No. My reply is based on common knowledge No two schemes should be overlapped or intermingled. Otherwise it can create problem during audit. There is no possibility for any Authority on such issue.


4 Dated: 11-3-2020
By:- Keyur Goswami

Noted & thank your very much sir

My one more query is we are importing the RM under advance license wherein no paying the GST as exempted under license . Now question is that … Can we supply the FG ( Domestic sales ) under exemption certificate / Undertaking / to solar Power projects or any Government Body with 5% GST instead of full rate 18%) if said FG produced from that particular RM.


5 Dated: 11-3-2020
By:- KASTURI SETHI

Not allowed.


6 Dated: 11-3-2020
By:- Keyur Goswami

Noted & thank's


1

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