Import of Exported Goods

[RAM SHARMA]

Dear Experts,We are manufacturer of excisable goods. We have exported our goods under rebate claim of duty and availed all export benefit. After 7 month due to some quality problem, we have returned back our consignment for fullfill all import obligation. Can we treat these consignment as a purchase consgnment and can book our spare parts expenses. Please advice. for payment

AI Summary

Reversal of export benefits required when exported goods are returned; duty drawback and replacement duty rules may apply.
Reversal of export benefits is obligatory when exported excisable goods are returned; the exporter must restore benefits availed and may incur interest. If customs duty was paid on re importation, duty drawback may be available on lawful re exportation, subject to procedural conditions. Claims to treat returned consignments as purchases or to claim excise duty against replacements depend on meeting documentary requirements (including export proofs and BRC) and compliance with Central Excise rules governing reversal and replacement.