How to Re Export the Rejected Import Material

[Pandiyan Perumal]

Dear Experts,

We are OEM Manufacturer, we imported (bought) an accessory of our machine for a new implementation, the item was imported in Sep-2018 but not yet paid against the import invoice. The imported item is not matched for our specification, hence the supplied vendor asking us to return the same item as purchase return.

Please guide us on how to process this transaction and how to close the IDPMS document(import documentation process in RBI)

AI Summary

Re-export of imported goods: duty drawback eligibility and procedural steps, including bank waiver and export documentation.
Re-export of rejected imports requires export documentation referencing the original bill of entry and the use of invoice and packing list; ARE 1 has been rendered obsolete in the GST regime. Customs duty implications involve treating duties via cenvat accounts and claiming duty drawback under Section 74, generally allowing about 98% refund if goods are unused, in original packing and identifiable. Time limits apply - re export is normally within two years and drawback may be denied for used goods or excessive delay - and banking permissions (GR waiver or AD bank approval) and EDPMS/IDPMS adjustments are necessary for repatriation or closure.