Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Advance Authorisation

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Advance Authorisation
Query (Issue) Started By: - P S SATYA NARAYANA Dated:- 4-6-2013 Last Reply Date:- 5-6-2013 Customs - Exim - SEZ
Got 4 Replies
Customs
Dear Sir, Request your kind feedback on : Raw material imported under Advance Authorisation Scheme is not meeting the quality parametere. Can we return (re-export) this material to the buyer. What are the ramification on EO oblig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ation. Should we inform to the JDGFT (issuing Authority). Procedure to be followed. thanking you P S SATYANARAYANA Reply By Pradeep Khatri: The Reply: Re-export of goods imported under Advance Authorization and Found Defective:- Goods imported and found defective or unfit for use can be re-exported. In such case, 95% of CIF value debited against advance authorization for such goods will be ge .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nerated by Commissioner of Customs as an Authorization. Based on such certificate, fresh DFIA will be issued by concerned RA. Re-export should be within 6 months. This period can be extended by further 6 months by Commissioner of Customs - MF (DR) Circular No. 26/2009-Cus dated 30-09-2009. Yes, you must inform the concerned authorities whether it is JDGFT, C.E., Customs or VAT Department. Reply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... By P S SATYA NARAYANA: The Reply: Dear Sir, Thank you very much for your kind response. I am not very clear on "In such case, 95% of CIF value debited against advance authorization for such goods will be generated by Commissioner of Customs as an Authorization" Grateful, if you can bit elobarate it further. Thanking you P S SATYANARAYANA Reply By Pradeep Khatri: The Reply: Please check .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the para 4.35 (a) and (b) of the chapter 4 of the Hand Book of Procedure Vol.1 (2009-2014) in this regard. Reply By P S SATYA NARAYANA: The Reply: THANK YOU VERY MUCH, SIR.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates