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Issue ID: 108727
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Import trader can do export transanctions?

Date 10 Jun 2015
Replies 3 Replies
Views 1509 Views
Asked by
Re-export of imported goods permitted with merchant exporter registration; drawback allowed if unused, in original packing, and permission obtained.
Re-export by a trader is allowed if the party registers as a merchant exporter by obtaining an Importer Exporter Code. Drawback eligibility requires the goods be unused, in original packing, exported within the prescribed time limit from import, and exported with prior permission from the Board or competent customs authority; documentary proof of these conditions is necessary to support drawback claims. (AI Summary)

We are traders and we import the material and sell the goods. Now we want to export the import material. Is it possible a trader to export who is importing the same material.

Please clarify if any notification is there to proceed.

Thanks,

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