Import of rejected goods export to buyer

[harkirat singh]

Dear Sir,

We have Exported Goods to our buyer in Australia under GST scheme(under Drawback and MEIS). Buyer has rejected exported goods and now we have import these goods, to check status

Perhaps we will use in domestic market or if goods found in good condition. We will re-export these goods to another buyer.

Kindly advice following :-

1) Time Frame for import of rejected goods

2) procedure to import rejected goods.

Kindly advise in Details.

Regards

Harkirat Singh

[email protected]

AI Summary

Import of rejected exports: netting against original export allowed subject to AD bank regularisation and tax reversal.
Declare the rejected goods as imports from the same buyer to enable AD bank/IDPMS knock off against the export bill, or seek extension from the AD bank and, if selling to a new buyer, provide the original buyer's rejection confirmation plus new commercial documents for third party remittance regularisation. Surrender MEIS if proceeds not realised; drawback depends on BRC. Reverse ITC/IGST for exports not realised and clear EDPMS outstanding to avoid regulatory actions.