Free of cost export for trial and testing , Customs - Exim - SEZ

[Pradeep Jain]

Dear Sir,

For import of machine , components for trial and testing on the said machine  are be be sent at abroad on Free of Cost bais . Now GR waiver limit is Rs. 25000/- .

What procedure to be folowed.

Regards

 

Pradeep Jain

 

Posts / Replies

[sanjay bhalerao]

 Please refer RBI Master Circular No. 14/13-14 dated 01-07-2013 Para B.10.

Which allows Material to be Exported for Repair / Maintenance / Calibration / Testing.  With condition of Re-import and submission of Bill of Entry to Bank within 30 days from Re-import.

If material is being destroyed during above process, certificate from Overseas Party doing this activity is required to be submitted to bank.

Thanks & Regards,

Sanjay Bhalerao