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Procedure for getting exemption from customs duty

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Prakasam Palanisamy

Articles

30 Points Joined May 2010

Dear all

The situation is,

A SEZ unit, in project stage, entered into outsourcing contract for maintaining of its cranes with foreign based contractor. As per the contract terms the contractor has to bring the spares for the maintanance from his country and kept in the SEZ unit and consumed as and when required. He will raise the invoice on the SEZ unit only at the time of the consumption. Normally, in case the contractor directly import the spares from his country it will attract all applicable customs duties.

Since the SEZ unit is eligible for exemption from the customs duty on import, let me know

what is the procedure to file the Bill of Entry and other things to get the spares duty free under the above mentioned situation.

Hope clarified soon.

Replies (1)

RAMESH KUMAR VERMA

CS PURSUING

43853 Points Joined December 2009

dear sir,

please go to the below mentioned path:-

IMPORTS

	What is meant by import?
	What are the basic requirements to import goods?
	What is Import General Manifest (IGM)?
	When should the Bill of Entry be filed ?
	Can the importers/Exporters themselves clear their goods or is it necessary to appoint any agent?
	What the different kinds of Bills of Entry?
	What are the documents to be filed to clear the imported goods for home consumption?
	What is the procedure to clear imported goods for home consumption in the manual system of filing Bill of Entry?
	What is First Appraisement system (First Check)?
	What is second appraisement (Second Check)?
	What is the time limit to clear the imported goods?
	What is the time limit allowed to pay duty on a Bill of entry assessed to duty?
	When a consignment arrives and its details are not known to file a Bill of entry, what is the procedure to be followed ?
	What are the advantages in presenting Bill of entry before the arrival of the Vessel / Aircraft ?
	If the import license is registered with one Customs House, but the goods are landed in some other port, what is the procedure to be followed to clear the goods in that port?
	When a consignment requiring import license has landed in a port, but the license is held up elsewhere, is there any provision to clear the goods pending production of license?
	What is Provisional Assessment? What are the circumstances under which provisional assessments areresorted to? What is the authority to make such assessment?
	Is there any provision to relinquish the title of imported goods by the owner and avoid payment of duty?
	What is ‘Green Channel procedure’ for clearance of imported goods?
	What is “Self assessment procedure” for clearance of imported goods?
	What is the Procedure for importing goods through Post? What is the relevant date to levy duty on goods imported by post?