Import of Machine from Oversea Supplier on Lease Agreement and after use Export to Original Oversea supplier register in FTW in SEZ

[Danish Azfar]

Hi Experts. 

If an Indian company wants to import the Machine/equipment (required for the Manufacturing of a product) on a lease agreement from an overseas supplier. These notifications need to follow 072/2017, 001/2017, 011/2021

After 9 months, if an indian company wants to export these Machines/equipment to the original overseas supplier, but overseas supplier wants the Indian company to deliver the Machines/equipment to FTWz in SEZ, where overseas company is registered as a client. 

Will this way abe ble to fulfill the export obligation to Indian company and whether it be aligned with the release of the obligation of the above notification on which Indian company taken the benefit at the time of import. 

Thanks. 

[Danish Azfar]

Hello Experts, 

Can we have the opinion on the above?

[Shilpi Jain]

Pls refer customs Notification 50/2017-Cus in this regard.

[Danish Azfar]

Thanks Shilpi Jain Ma’am

is the above flow is doable? And can the goods can be imported under MOOWR by the DTA unit from FTWz by keeping the fact in Mind that it was exported to FRWz by a DTA unit. Both the DTA units are different in the above case.

 

AI Summary

Export obligation: whether returning leased machinery to overseas supplier via SEZ FTWZ satisfies conditional release under customs notifications. Whether delivery of leased machinery into an FTWZ in an SEZ where the overseas supplier is a client constitutes an export that discharges the export obligation arising from the initial import benefit, and whether subsequent movement under a MOOWR or import into a different DTA unit can be effected consistently with release of conditional obligations and Customs Notification 50/2017-Cus and the other cited notifications.