Excess procurement of RM, Customs - Exim - SEZ

[kamal chordia]

Dear Sir

We obtained advance authorisattion, in which first we export (SEZ) and thereafter we procured raw material for replenishment against Invalidation letter

in this regard we procured excess qty of RM, for which DGFT advise us to deposit custom duty on excess procurement.

Please advise where we have to deposit custom duty on excess procurement.

In Adv Authorisation Port of import mentioned as Mundra but Licence not registered at Mundra Port as we procured Raw Material indiginously.

Thanks & regards

Kamal

Posts / Replies

[Ravi Kumar]

As per rules if you want to clear RM to your factory then you have to pay Duty , The other Option is to process at Custom Bonded Warehouse and Do this Without Payment of Duty.

[Kishan Barai]

No Issues, you get do port registration by updating your KYC at mundra port.