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Imported free of cost material for job work in EOU

Central Excise - Started By: - RAJENDRA RANE - Dated:- 5-11-2015 Last Replied Date:- 31-3-2016 - Sir / Madam ,We have a customer from USA who has sent us USA origin raw material free of cost to our EOU unit for job work. We will add indian origin raw .....

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any such situation and donot know what to do and how to clear the goods pl let me have your expert opinion . regardsRajendra Rane Mumbai 9322221969 - Reply By KASTURI SETHI - The Reply = Sh.Rajendra Rane Ji, You want to clear the goods for export as .....

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transaction value and proper duty has to be worked out and mentioned on the invoice as well as prescribed Form ARE-1 for export. While computing assessable value you will have to take into account landed cost of raw material (including imported and .....

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ll have to resort to some lawful basis for arriving at Transaction Value. The Govt. foregoes the duty for export with an aim to receive foreign exchange. The Valuation Rules do not allow to exclude the value of imported raw material though received f .....

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