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kindly advise, Customs - Exim - SEZ |
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kindly advise |
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Dear Madam/ Sir, We have imported new machine from United Kingdom in Financial Year 2015-2016. Now company will be dissolved. So, we are re-exporting same machine to Germany buyer is same. But export destination is different is now Germany. At the time of customs clearance we have paid Basic Custom Duty @5%. Kindly advice, Custom Circular or notification number enabling us to claim Duty Drawback and MEIS. Or advice us procedure, how will get refund of basic custom duty under current foreign trade policy Regards Harkirat singh Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Sir, Please refer to Imported Goods (Drawback of Customs Duties) Rules, 1995 notified with effect from 26.05.1995 for detailed procedure for claiming the ndrawback.
Hi I assume the duty rate @ 5% is the normal duty and not availed under any conditional notification You can re-export the goods by claiming duty drawback under Section 74 of customs act read with Duty drawback Rules for re-export of imported goods. MEIS not available since you are re-exporting goods of foreign origin Page: 1 Old Query - New Comments are closed. |
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