Re - Export of Rejected goods

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... XYZ imported goods and claimed ITC of the IGST element. Part quantity of the said goods were rejected and re exported because of quality issue. Can XYZ re export the same without payment of GST un .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... der LUT? In my view yes since there is no on to one corelation and GST provisions allows export without payment of GST. Views of the experts please. - Reply By Ganeshan Kalyani - The Reply = Sir, I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... agree with your view. - Reply By Shilpi Jain - The Reply = Also u can claim drawback of the BCD paid? - Reply By Kaustubh Karandikar - The Reply = yes shilpi ji, in my view drawback can be claimed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... against exports based on all industry rates - Reply By raghunandhaanan rvi - The Reply = Sir This is the re-export of partial goods imported into India. Thus Section 74 of the Customs Act ap .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... plies. Under Section 74 of CA 1962 , 98% 0f the customs duty paid on importation will be refunded as duty drawback. However, if you availed of ITC, needs to be reversed proportionately. In this cas .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e, All industry rates are not applicable since 'AI' is available for the export of goods manufactured in India only. This is my view - Re - Export of Rejected goods - Query Started By: - Ka .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ustubh Karandikar Dated:- 11-11-2021 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X