We are doing job order export under customs notification 32/97 for the material supplied at free of cost we have partly re-exported jobbed goods.Due to delay at our end Now our overseas buyer wants to cancel job order contractand they would like to sell remaining imported goods to us. We would like to whether we can buy this cargo on payment of dutyand we can do remittance on this purchase.
job order reexport under 32/97
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Re export obligation under job order exports requires duty payment on unreturned imported goods if not re exported within the prescribed period.
Imported inputs and resultant products under job order export must be re exported within six months of clearance, unless an extension is allowed by the Assistant Commissioner or Deputy Commissioner of Customs. If goods are not re exported within that period, duty is payable on the non re exported portion, assessed as of the date of import. (AI Summary)
Imported inputs and resultant products under job order export must be re exported within six months of clearance, unless an extension is allowed by the Assistant Commissioner or Deputy Commissioner of Customs. If goods are not re exported within that period, duty is payable on the non re exported portion, assessed as of the date of import. (AI Summary)
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