jobwork by sez, FEMA

[murali narasimhan]

Please clarify whether an unit inside SEZ can import the faulty parts and rectify the parts and Export the same

Posts / Replies

[KASTURI SETHI]

See reply to Q.No. 2 & 8 of a letter dated 30.6.17 of Development Commissioner, SEEPZ,SEZ, Ministry of Commerce & Industry, Andheri (East), Mumbai available at link www.seepz.gov.in/writereaddatafolder/30-06-2017GST%201.pdf.

[KASTURI SETHI]

Also see Rules 41,42 & 43 of SEZ Rules.

[YAGAY andSUN]

Please do check the import policy of faulty parts i.e. whether it is free or Restricted or Prohibited before importing, otherwise goods would be seized and penal action can be initiated.