Duty Drawack

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 May 2011 We have imported components and sold to SEZ in INR.
We have sold on payment of duty and therefore bill of export is not available.

But we came to know that Bill of export is required for claiming Duty Drawback purposes.

Can anyone answer?

what is bill of export? and is it possible to claim duty drawback in the current case.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

19 May 2011 n exercise of the powers conferred by section 157, read with sections 50 and 60, of the Customs Act, 1962 (52 of 1962), and in supersession of the Shipping Bill and Bill of Export (Form) Regulations, 1976, except as respect things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby makes the following regulations, namely:—

1. Short title and commencement.
1. These regulations may be called the Shipping Bill and Bill of Export (Form) Regulations, 1991.
2. They shall come into force on the 1st day of October, 1991.

# A shipping bill to be presented by an exporter of goods shall be in the form specified in Annexure I, Annexure II, Annexure III or Annexure IV, as the case may be, appended to these regulations.
# Bill of Export.
A bill of export to be presented by an exporter of goods be in the form specified in Annexure V, Annexure VI, Annexure VII or Annexure VIII, as the case may be, appended to these regulations.
# Specifications of Shipping Bill and Bill of Export (Form).
The Shipping Bill and Bill of Export forms specified in Annexures I to VIII shall be in accordance with the following specifications, namely :-

1. the forms shall be printed on foolscap size of paper measuring 34.5 cms by 21.5 cms and shall have the following margins namely :-
1. top -1.5 cms,
2. bottom -1.5 cms,
3. left -1.8 cms,
4. right - 0.5 cms.
The layout of the forms and the sizes of the boxes shall be as per the layout and boxes shown in the Annexures;
2. the forms shall be printed on paper of grammage 70 to 85 grams per square metre; the paper should be stable in conditions of 50 to 60 per cent relative humidity;
3. the captions, insidethe boxes of-the forms should the printed in 6 pt. mono sans-serif and should be located as near as possible to the top left of the boxes;
4. the forms shall be filled in by using a typewriter only.

yes you can file in concerned RLA.
for more info:-
https://www.eximguru.com/exim/indian-customs/customs-regulations/shipping-bill-and-bill-of-export-form-regulations-1991.aspx

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now