Dear Experts,
We are a manufacturing unit & import a machine for assemble finished goods. Now after 8 year used machine required some maintenance & overhauling. for that purpose we are re-export the machine for repairing purpose. On time of import machine we avail cenvat credit.
Now please tell to us how can we send the machine for repairing purpose & any cenvat should be reverse or not & on time of return machine what duty applicable on us.
Please tell us detail procedure on above matter.
Manufacturing Unit Seeks Guidance on Re-exporting Machine for Repairs: CENVAT Credit and Duties Explained. A manufacturing unit is seeking guidance on re-exporting a machine for repairs after eight years of use. They initially availed CENVAT credit upon import and now inquire about the procedure for re-exporting, including any necessary reversals of CENVAT credit and applicable duties upon the machine's return. An expert advises referencing the original Bill of Entry, obtaining a GR Waiver Form, and paying customs duty on repair charges. Further clarification is sought on required documentation and permissions from excise authorities, as well as the handling of excise duty and CENVAT credit during re-export. (AI Summary)
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