Additional customs duty on re-imported jewellery: no duty where exported under bond/LUT without sale; rebate exports require repayment. Jewellery exported under bond or simple LUT for exhibition or consignment involves no sale and, under the Articles of Jewellery (Collection of Duty) Rules, liability to central excise arises on first sale; therefore condition 1(d) of Notification No. 94/96 requiring payment of central excise at re-import is not applicable and no additional customs duty is payable on such re-import provided other notification conditions are met. Exports under rebate, however, entail prior payment and re-import must follow the rebate-repayment provision (condition 1(c)).
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.
Additional customs duty on re-imported jewellery: no duty where exported under bond/LUT without sale; rebate exports require repayment.
Jewellery exported under bond or simple LUT for exhibition or consignment involves no sale and, under the Articles of Jewellery (Collection of Duty) Rules, liability to central excise arises on first sale; therefore condition 1(d) of Notification No. 94/96 requiring payment of central excise at re-import is not applicable and no additional customs duty is payable on such re-import provided other notification conditions are met. Exports under rebate, however, entail prior payment and re-import must follow the rebate-repayment provision (condition 1(c)).
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