Dear Sir,
We had despatched 2000 kgs of chemicals to one party at chennai in the month of April 2015 under A.R.E.3 procedure. Now, the party had sent the full quantity of materials back since it is not working for them. They had returned the materals under A.R.E.3 (Annexure 25). Kindly let us know what further procedure we have to follow at our end. Can we send the same materials to some other consignees on payment of duty ? Dear experts, please give us a complete detailed replies as soon as possible since we are facing this sort of problem for the first time.
Regards.
Company Seeks Guidance on Handling Return of Unsuitable Chemicals; Experts Advise Duty Payment for Resale Under A.R.E.3 Procedure. A company dispatched 2000 kg of chemicals to a consignee in Chennai under the A.R.E.3 procedure, which were returned as they were unsuitable. The company seeks advice on handling the return and potential resale. Experts advise adding the chemicals to finished stock and clearing them to another party with duty payment, provided they are marketable. It is suggested to inform the division office to cancel the A.R.E.3 if treated as deemed export return. The consignee, a 100% EOU, returned the goods with a CT-3 certificate, prompting advice to notify the jurisdictional Range Officer for safety. (AI Summary)