We exported our automobile material with payment of IGST, Due to some techinical issue the exported materials were rejected. we have to RE-IMPORT the above material. If there is any tax implication while RE-IMPORT the same.
We also availed the all export benefits like DBK / MEIS / IGST refund for above export shipments
Shall we repay the availed above export benefits to GOVT ? or any other customs duty shall we pay additionally.
Any suggestions Please...
M.RAMESH
Clarification on Re-importing Rejected Auto Materials: Return Export Benefits, Follow Standard Import Rules, Pay Duties & IGST. An individual inquired about the tax implications of re-importing rejected automobile materials initially exported with IGST payment and export benefits like DBK, MEIS, and IGST refunds. Responses indicated that all export benefits must be returned to the government, and standard import procedures, including paying Basic Customs Duty and IGST, should be followed. One reply referenced specific notifications allowing repayment limited to availed DBK or IGST refunds. It was noted that MEIS benefits depend on export proceeds realization or Shipping Bill value, suggesting no rejection if payment is completed. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
