Home Forum Customs - Exim - SEZ Month 5 2020 2020 (5) This
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Imported goods found defective and this, no consideration payable to the foreign seller - Customs - Exim - SEZExtract Goods were imported from China and supplied to a customer in India who in turn supplied it to a government department. But later such goods were found defective and rejected by the department and returned to the ultimate importer. Custom duties IGST was duly paid. Upon discussion with the Chinese supplier, they agreed with the defects and waived the consideration without return of such goods. Now, goods are lying with the importer which will be sold as scrap later. Now, my question is whether consideration not paid/payable to the Chinese supplier will result in any kind of legal default or comolication under GST, FEMA, Customs, etc.?
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