About Rejectiton material.
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2010
Dear all
we are the manufacturer and we export to american party but our material is rejected by the party (american) now what is the procedure about taxation.
1) when party return the material at that time the import invoice is is received
2) can we take credit on this invoice
Please
Tell me what should i do
we are the manufacturer and we export to american party but our material is rejected by the party (american) now what is the procedure about taxation.
1) when party return the material at that time the import invoice is is received
2) can we take credit on this invoice
Please
Tell me what should i do
20 December 2010
Goods can be re-imported within specified time limit. export incentive obtained will be recovered. Yes you can take credit of this invoice.
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