RE IMPORT PROCEDURE

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..... DEAR EXPERTS, WE HAD SUPPLY OUR FINAL PRODUCT TO OVERSEAS CUSTOMER, DUE TO SOME TECHNICAL DEFECT WE WILL PLAN TO RE-IMPORT THE FINAL PRODUCT AND AFTER RECTIFICATION WE WILL RE-EXPORT THE SAME. AT THE TIME OF ORIGINAL EXPORT WE TAKE DRAWBACK AND MEIS. MY QUESTION IS WHAT IS PROCEDURE FOR RE-IMPORT OF FINAL PRODUCT? CAN DRAWBACK AND MEIS PAYBACK? IF YES KINDLY SHARE WITH US PROCEDURE. ZULFIKAR .....

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..... B. VOHRA - Reply By YAGAY AND SUN - The Reply = When you will re-import these goods then Customs Authorities would ask you to pay back all these benefits and export incentive, otherwise you would not be able to clear the goods from the customs port. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Yagay and Sun. - Reply By Suryanarayana Sathineni - The Reply = Dear Fri .....

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..... end, You can re-import the defective exported consignment under Notification No. 158/95-Cus for re-processing and re-export within the time lines prescribed by executing teh required Bond with Customs Authorities without payment of duties. - Reply By ZULFIKAR VOHRA - The Reply = THANK YOU SO MUCH SIR, INFORMATION IS USE FULL FOR US. ZULFIKAR B. VOHRA - Reply By Kishan Barai - The Reply .....

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..... = When you import kindly make sure you file Bill of Entry as RE-Import mention your correct shipping bill info used at the time of exportation of goods in B/E. Don't forget to return back your export incentives and you would be able to import it duty free, again file relevant docs and Export Again. Happy Trading. Take the help of good CHA in this matter to file docs. Thank You - RE IMPOR .....

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..... T PROCEDURE - Query Started By: - ZULFIKAR VOHRA Dated:- 8-2-2017 Customs - Import - Export - Customs - SEZ - Got 5 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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