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Import trader can do export transanctions?, Customs - Exim - SEZ

Issue Id: - 108727
Dated: 10-6-2015
By:- karunakar reddy

Import trader can do export transanctions?


  • Contents

We are traders and we import the material and sell the goods. Now we want to export the import material. Is it possible a trader to export who is importing the same material.

Please clarify if any notification is there to proceed.

Thanks,

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 11-6-2015
By:- MUKUND THAKKAR

yes , you can export the goods. as merchant exporter, first obtain IEC code and than ask question to this forum. you will get it guidance.


2 Dated: 11-6-2015
By:- Mahir S

Yes, imported goods can be re-exported, as explained above


3 Dated: 13-6-2015
By:- YAGAY AND SUN

Dear Karunakar,

Under Section 74 of the Customs Act, you can export the imported goods but within 2 years from the date of import, otherwise no drawback of duty would be allowed. The goods should not be used and should be in original packing. You would have to get the permission from Board.

Regards,

YAGAY and SUN

(Management, Business & Indirect Tax Consultants)


Page: 1

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