RE-EXPORT OF IMPORTED GOODS UNDER GST

[Raghunandhaanan rvi]

Sir,

Goods imported into India without payment duty for calibration work and subsequent re-export.

My query is that :

Whether re-export should be under LUT/Bond or IGST Payment? If not, what is the other method for re-exporting these goods?

Whether any Notifications or Circulars issued by CBIC in this Regard?

Thanks in advance for your valuable guidance

AI Summary

Clarification Sought on Re-Export of Duty-Free Imported Goods: LUT/Bond vs. IGST, Section 16 IGST Act Explained An individual inquired about the procedure for re-exporting goods imported into India without duty for calibration work, specifically whether it should be under LUT/Bond or IGST payment, and if there are any relevant CBIC notifications. One respondent advised that re-export can be done under LUT or by paying IGST, with the possibility of claiming credit or refund for IGST paid at import. Another respondent noted that since re-export is not a supply under Section 16 of the IGST Act, it is not zero-rated, thus not applicable for LUT or IGST payment. This view was supported by another participant.