Purchase of material from a foreign supplier but his place of production is in India, Customs - Exim - SEZ

[TN Rajendran]

I'm buying a material from a foreigner (Dubai). The product that I'm purchasing from him is being manufactured in Mumbai only. (I'm from Chennai). Will it amount to Import of Goods and customs duty liable in the folloiwing cases:

1. My supplier do not have any place of business in India.

2. My supplier has a place of business in India.

Posts / Replies

[KASTURI SETHI]

Bill of entry has to be filed and Customs duty has to be paid only if goods enter into Indian territory from a foreign country.Otherwise only IGST is to be paid.