imported goods rejection

[SujitK Mishra]

Dear Sir,

we are importers of mechanical parts, we imported some screws from the Netherlands which got rejected.

Recently our supplier informed us to scrap these screws (shipment weight 3 kg only). Now our bank (ICICI bank has been asking us to pay the supplier. How to handle this please guide.

Sujit K Mishra

ISE BOTECO Tekplast India Pvt Ltd

Chandigarh

9915178662

[email protected]

AI Summary

Importer Faces Payment Demand for Defective Screws; Options Include Credit Note, Re-export, or Abandonment for Duty Refund An importer of mechanical parts from India faced an issue with rejected screws imported from the Netherlands. The supplier suggested scrapping the screws, but the importer's bank demanded payment to the supplier. Respondents advised settling the outstanding amount by either obtaining a credit note from the supplier or re-exporting the defective goods to claim a duty drawback. They also discussed the possibility of abandoning the goods to customs and claiming a duty refund. The discussion highlighted the legal obligation to settle the payment and provided procedural guidance for handling defective imports.