Dear Sir,
We had imported a capital goods in 2012 and accordingly claim the credit of duty. Now, after four years, some repairs/maintenance works are required for some parts of that capital goods and for this purpose we'll have to sent those parts only of such capital goods out of india.
Now, what procedure we have to follow in this regards ?
Capital goods repair abroad: determine temporary export, customs clearance and re import requirements to protect duty credit. Query concerns sending parts of previously imported capital goods out of India for repair and maintenance, asking which customs formalities, temporary export documentation, re importation requirements and excise considerations must be followed to preserve earlier duty credit and demonstrate the movement is strictly for repair. (AI Summary)