import on concessional rates, Customs - Exim - SEZ

[chaman sharma]

Dear Sir,

if any manufacturer want to import goods in concessional rates and he is not able to finish whole material production inhouse is it possible he can give rawmaterial for jobwork to any local jobworker????also help me is there any time boundation for imported material cunseption.

regards,

c.r.sharma

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

What is the product manufactured by you?

[chaman sharma]

sir we are not importing currently but willing to import led lighting related parts for manufacture led lighting but not capable to finish and bill all material in within 6 months.

as per our information any import valid till 6 months

[YAGAY andSUN]

There are certain conditions attached to imports at concessional rate of tax or end use bond is required to be furnished. Long back there were changes in import policy regarding LED Lights in previous union budgets. Please check the import policy, HSN and the conditions attached to your intended imports.