Import of exported goods
This query is : Resolved
14 October 2011
Dear Sir,
We had exported certain goods to our buyer in UK. Due to quality issues, they are returning the goods back to us. These will not be sent back again.
What are our obligations under FTP / RBI Rules ?
Are we supposed to pay import duty upon receipt of defective goods ?
Pls advise urgently.
Many Thanks
G. Sharma
We had exported certain goods to our buyer in UK. Due to quality issues, they are returning the goods back to us. These will not be sent back again.
What are our obligations under FTP / RBI Rules ?
Are we supposed to pay import duty upon receipt of defective goods ?
Pls advise urgently.
Many Thanks
G. Sharma
01 November 2011
http://www.eximkey.com/contents/showpage1.asp?pageid=9229
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- Acquisition of a society by a company
- ITR 3 VALIDATION
- Brokage income from sale and purchase of property
- EPF withdrawal before 5 years and Disclosure in ITR-2
- ITC Utilization on vehicle repair
- Clarification on ITR 3: Is Sl. No. 64 required for 44ADA income?
- Investment guidance for NRI
- Transfer of partnership interest in LLP
- Can ITC be claimed on purchase of housekeeping materials
- How to show Capital Gain from Debt Mutual Funds in ITR?
- STCG tax is not showing
- GST Applicability on Fair Price Shop Commission Income
- GST Registration require or not
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
