Process for sending the capital goods for repairs out side india.
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Re-import exemption for repaired goods allows duty-free return when export and re-import comply with notification requirements.
Specific notifications permit re-importation of exported goods after repair without payment of customs or excise duties, notably an excise notification on re-import for repair and a customs notification exempting re-import of certain goods; relief is available only where export and re-import comply with the notifications' procedural and documentary requirements, and alternative routes include export promotion schemes or narrow personal effects exemptions. (AI Summary)
Specific notifications permit re-importation of exported goods after repair without payment of customs or excise duties, notably an excise notification on re-import for repair and a customs notification exempting re-import of certain goods; relief is available only where export and re-import comply with the notifications' procedural and documentary requirements, and alternative routes include export promotion schemes or narrow personal effects exemptions. (AI Summary)
Dear All, Please let me know the process for sending the capital goods ( motor & other parts) for repair out side india and re import with out payment of customs / Excise duties.
TaxTMI