Custom duty on replacement
This query is : Resolved
10 August 2016
hi friends
i have received faulty material form XYZ company in which i have already payed duty.
so my query is
1. how can i eliminate duty for Replacement material which i will received
2. do the G R Waiver helps to eliminate duty? and what is the procedure to do so//??
waiting for kind replies
Thanks in Advance
i have received faulty material form XYZ company in which i have already payed duty.
so my query is
1. how can i eliminate duty for Replacement material which i will received
2. do the G R Waiver helps to eliminate duty? and what is the procedure to do so//??
waiting for kind replies
Thanks in Advance
10 August 2016
Please refer to the provisions of section 74 of the Customs Act 1962. On replaced goods you shall be entitle to receive 98% repaid duty as duty draw back.
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