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Reexport under sec 74

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..... Reexport under sec 74
Query (Issue) Started By: - SWAMI NATHAN Dated:- 18-2-2013 Last Reply Date:- 18-2-2013 Customs - Exim - SEZ
Got 1 Reply
Customs
Sir We have imported goods from Sri .....

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..... Lanka and kept in bonded warehouse without payment of duty. Now we would like to reexport to other countries by doing some relabeling. The nature of the Product does not change, but the identity of th .....

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..... e product (i.e the label on the product imported will be changed to some other name). Whether we are eligible for the 98% Drawback. Reply By Pradeep Khatri: The Reply: No, you can't. Goods intended .....

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..... for re-export under Section 74 of the Customs Act, 1961, must be in their original packing and must be identified by the Customs Authorities in this respect.
Discussion Forum - Knowledge Sharing .....

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