Re-import

This query is : Resolved 

18 October 2012 Dear Sirs,

We are in to engineering sector. We have exported our material to overseas buyer. After some time the material got damaged at buyer's Warehouse. We have exported Free replacement of the goods to our Customer.

Now we are importing our damaged goods to india. Kindly advise any opetion to avoide payment of import duty & DEPB which we have availed on our export shipment.

Regards,

Chirag Rana

21 October 2012 Exported goods may be re-imported and returned to the factory for carrying out repairs, re-conditioning, refining, re-making or similar process. These can be re-exported after re-processing. If any waste arises during such re-processing, such waste can be cleared on payment of duty. If goods exported under bond are brought back the duty liability is only under customs law. There is no provision under central excise law to recover excise duty on goods which were exported under bond.


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