Procedure for duty paid imported goods send it to foreign fr
This query is : Resolved
12 June 2012
Dear Experts,
Please explain me the Excise document procedure for the following incident;
ours is a Manufacturing unit, only having domestic sales and we are Importing some Capital goods, Inputs against CASH paid BE.
Now we want to send our Capital imported equipment which is under repair to its original supplier in Foreign country for repair purpose.
Please give which documentation & supervision required for this?
Please explain me the Excise document procedure for the following incident;
ours is a Manufacturing unit, only having domestic sales and we are Importing some Capital goods, Inputs against CASH paid BE.
Now we want to send our Capital imported equipment which is under repair to its original supplier in Foreign country for repair purpose.
Please give which documentation & supervision required for this?
14 June 2012
As per customs Notification No. 94/96-Cus dated 16-12-1996, if goods are sent abroad for repairs, duty will be payable on re-imports on value of re-imported goods after repairs were made up of (a) fair cost of repairs including cost of material used in repairs (whether such costs are actually incurred or not) and insurance and freight charges, both ways.
15 June 2012
Actually I want to know that what documentation is to be made in factory gate itself?
15 June 2012
read this custom notification.
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Transporter Declaration form
- Copyright software
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
