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Import of Exported Goods

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..... Import of Exported Goods
Query (Issue) Started By: - RAM SHARMA Dated:- 31-5-2014 Last Reply Date:- 2-6-2014 Central Excise
Got 5 Replies
Central Excise
Dear Experts,We are manufacturer of excisable goods. We have exported our goods under rebate claim of duty and availed all export benefit. After 7 month due to some quality problem, we have returned back our consignment for fullfill a .....

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..... ll import obligation. Can we treat these consignment as a purchase consgnment and can book our spare parts expenses. Please advice. for payment Reply By Pradeep Khatri: The Reply: Dear Ram Sharma, You would have to return back all the export benefits which you had availed at the time of exporting of goods out of India. Further, please clarify whether you had returned back or received back the c .....

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..... onsignment to enable us to understand your query in a better way. Regards, Team YAGAY & SUN (Management and Indirect Tax Consultants) Reply By RAM SHARMA: The Reply: Dear Sir,We have received back due to quality problem. We have already submited final proof of export of this consignment. We have showed commercial value in bill of entry for custom purpose only.Thanks&Regards Reply By Pradeep Kh .....

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..... atri: The Reply: Dear Ram, In our opinion, as discussed earlier, you would have to return all export benefited availed by you to the concerned authorities. At the time of importing of such goods, if you had paid the Customs duty, then, you may get the duty draw back on such goods at the time of re-exporting. Please also check the Rule 16 of the Central Excise Rules in this regard. Regards Team .....

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..... YAGAY & SUN (Management & Indirect Tax Consultants) Reply By RAM SHARMA: The Reply: wheather we have to pay all export benefit with interest.Thanks Reply By RAM SHARMA: The Reply: Dear Sir,If we have reveresed all export benefit then can we claim excise duty under rule 18 against replacement because we have made our BRC for rejected consignment neither replace consignment. Pl advice.Thanks
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..... Discussion Forum - Knowledge Sharing .....

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