Aluminium Engine Import, Customs - Exim - SEZ

[Sam M]

Hello,

We have imported Aluminium Engine scrap into India. On Import, we have paid custom duty for aluminium engine scrap. We are dismantling and segregating the Engines into raw scrap using Pneumatic Tools and Hydraulic Presses. We now wish to sell finalised Product as Aluminium Scrap and Heavy Melting steel Scrap. How do we get a refund of the custom duty that we have paid earlier other than the SAD? Further, what all certifications and licensing is required to setup the industry in the correct way.

Thank you for your assistance.

Posts / Replies

[YAGAY AND SUN]

Please check Notification No. 102/2007-Customs as amended from time to time. But this notification says sale as such. In our view you may not get any benefit.

[Kishan Barai]

According to my view only SAD refund of 4% is possible in your case. To get more refund you need to export that product, more refund is not provided on domestic sales.

[YAGAY AND SUN]

If you sell in domestic market then you cannot get the refund of Customs Duty Untill unless you export it out of India.