Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Manufacturers Can Re-export or Clear Unused Imports Under 2016 Customs Rules with Approval and Relevant Duty Adjustments</h1> Under the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2016, manufacturers who benefit from an exemption notification can re-export or clear unutilized or defective imported goods. This requires permission from the jurisdictional Deputy or Assistant Commissioner of Central Excise within six months from the import date. For re-export, the goods' value must not be less than at import. For clearance, import duty must be paid, covering the difference between the duty owed without exemption and any duty paid, plus interest from import date to payment date.