Concessional import supplies require invoicing, recordkeeping, and end use recipient accounts for replenishment and export-related compliance. Importer of goods received at a concessional rate or for specified end use must record monthly supplies to the end use recipient and include them in the quarterly statement. The goods must be sent under an invoice, or where applicable through an electronic way bill, stating description and quantity. For replenishment or export against supply, the end use recipient must maintain accounts of receipt, manufacturing process and waste, and produce details to the Customs Officer and importer when required.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Concessional import supplies require invoicing, recordkeeping, and end use recipient accounts for replenishment and export-related compliance.
Importer of goods received at a concessional rate or for specified end use must record monthly supplies to the end use recipient and include them in the quarterly statement. The goods must be sent under an invoice, or where applicable through an electronic way bill, stating description and quantity. For replenishment or export against supply, the end use recipient must maintain accounts of receipt, manufacturing process and waste, and produce details to the Customs Officer and importer when required.
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