Any notification regarding Re-exports

[kuldeep singh]

Hi ,

is there any notification/circular regarding re-export under repair and return ?

Goods were Imported and now being exported for repair

[Rajagopalan Ranganathan]

Sir,

Please go through para 3 of Chapter 19 of CBEC's Customs Manual for details.

[ANITA BHADRA]

in case of Duty Drawback under Section 74 refund of both Customs duties as well as Integrated Tax and Compensation Cess paid on imported goods which are re-exported shall be available (same has also been substantiated by Circular No. 21/2017 -Customs dated 30-06-2017)

[ANITA BHADRA]

n this regard, the definition of “drawback” under Rule 2 (a) of the Re-export Rules, 1995 has been suitably amended to include refund of duty or tax or cess as referred in the CTA, 1975.Notification No. 57/2017-Customs (N.T.) dated 29.6.2017 may be referred in this regard.

AI Summary

Duty drawback available for re-exported goods for repair, enabling refund of customs duty and associated tax cess. Duty drawback is available where imported goods are re-exported for repair and return, and the refund covers both customs duties and the integrated tax and compensation cess paid on the imported goods; the Re-export Rules, 1995 were amended to expand the definition of drawback to include refund of duty, tax or cess and administrative guidance in the Customs Manual and relevant circulars and notification explain the procedural and substantive claim mechanics.