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.

[YAGAY and SUN]

You may import it under concessional rate of duty for re-export purpose.  Provisions of  FEMA will also be applicable.

AI Summary

Concessional customs duty for re-export permits importing goods for repair with FEMA compliance and re-export obligations.
Importation of machinery for repair with return to the overseas owner may be admitted at a concessional rate of duty on condition of re-export, and such transactions remain subject to FEMA compliance, applicable customs procedures, re-export obligations, and possible service tax consequences.