Import for repair and re-export

[Arti Gupta]

Dear Sir,

We are importing machines for the repair and maintenance.After the job we are exporting it back to the same customer.

Kindly clarify on the provisions with the applicable custom duty,service tax and procedures also.

Regards.

AI Summary

Clarification on Customs Duty and Service Tax for Importing Machines for Repair and Re-export under Concessional Rates A query was raised regarding the import of machines for repair and maintenance, followed by re-export to the original customer. The inquiry sought clarification on applicable customs duty, service tax, and related procedures. The response indicated that such imports could be conducted under a concessional duty rate for re-export purposes, and noted that the provisions of the Foreign Exchange Management Act (FEMA) would also apply.