FEMA-GR waiver
Dhirendra Srivastava
1 we sent the 5000 Pcs to China for Job work against GR waiver. Out of 5000 pcs, we get back 2036 pcs after job work from China & 2964 pcs has been rejected during process. We get the Rejection Certificate from China regarding rejected material . 2. China company demanding the Job work Charges. QUERY : 1. How can we make the payment regarding Job work charges amounting Rs. 49478 USD ? 2. How can we close the GR waiver ?
Guidance on Closing GR Waiver After Partial Return of Goods from China and Paying Job Work Charges A user inquired about handling a GR waiver after sending 5,000 pieces to China for job work, receiving back 2,036 pieces, and obtaining a rejection certificate for the rest. They sought advice on paying job work charges of $49,478 USD and closing the GR waiver. One respondent explained that material rejection is common and suggested providing supporting documents to bankers/RBI. They advised filing a bill of entry for customs duty on job work charges and remitting foreign exchange against the job work invoice. Another user shared a similar issue involving incorrect export documentation and sought guidance on resolving it to close the GR waiver. (AI Summary)