Excess procurement of RM

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..... Excess procurement of RM
Query (Issue) Started By: - kamal chordia Dated:- 3-5-2017 Last Reply Date:- 21-5-2017 Customs - Exim - SEZ
Got 2 Replies
Customs
Dear Sir We obtained advance au .....

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..... thorisattion, in which first we export (SEZ) and thereafter we procured raw material for replenishment against Invalidation letter in this regard we procured excess qty of RM, for which DGFT advise u .....

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..... s to deposit custom duty on excess procurement. Please advise where we have to deposit custom duty on excess procurement. In Adv Authorisation Port of import mentioned as Mundra but Licence not reg .....

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..... istered at Mundra Port as we procured Raw Material indiginously. Thanks & regards Kamal Reply By Ravi Kumar: The Reply: As per rules if you want to clear RM to your factory then you have to pay Du .....

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..... ty , The other Option is to process at Custom Bonded Warehouse and Do this Without Payment of Duty. Reply By Kishan Barai: The Reply: No Issues, you get do port registration by updating your KYC at .....

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..... mundra port.
Discussion Forum - Knowledge Sharing .....

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