TMI BlogRe-import procedureX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sirs, Good Morning, We have exported our goods over a period under UT1 , which are rejected and proposed to be returned back. In this connection, please clarify the following points. Whether we have to pay duty at the time of import (or) exempted. Procedure to be followed while returning back Other conditions/procedures to be following for covering the entire transactions, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if any - Reply By YAGAY AND SUN - The Reply = If you ReExport within Six months of importation into India, then, no requirement to pay the Duty. You would have to follow provision of Rule 16 of the CER, 2002. AIR Duty Drawback, STR required to be refunded along with interest. Returned exported goods would not take as fulfillment of EODC. - Reply By KASTURI SETHI - The Reply = Pen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etrative reply by M/s.Yagay and Sun, Sirs. I endorse their views. - Reply By surya narayana - The Reply = Dear Friend, With due respects, I differ with the view expressed by our learned friends and state that There are two facilities available for Re-import of exported goods. They are ... 1. Subject to re-export within the time limit prescribed without payment of duty by executing the r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equired Bond under Notification No. 158/95-Cus 2. On payment of the prescribed duties by complying with the conditions specified in the Notification No. 94/96-Cus based the situations specified in the table to the said Notification. In this, the person who re-imports the goods can take credit of the duties paid other than the export incentives surrendered if the goods are initially ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ported under any of the export promotion schemes. Best Regards suryanarayana - Reply By Hiraman malekar - The Reply = Dear Sir, We have removed our material under UT-1 to our registered Sez unit factory in this connction can we avail benefit of duty draw back to sez unit.please carify. Regards, Hiraman - Re-import procedure - Query Started By: - Rajan Rajan Dated:- 23-7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2016 Customs - Import - Export - Customs - SEZ - Got 4 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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