Duty Drawback Claim by a Registered Central Excise Dealer for export of Imported goods

[A Wilson]

Dear All,

We have registered with Central Excise as Dealer. And we are planning to Import Some Products and clear the goods from Port by paying the Appropriate Duty (BCD,CVD,SCVD etc).

thereafter, we would like export the Imported goods in Our Own Brand Name(Re-Label-Not amounting to Manufacuture Products) but Product as such whenever we get the Export Orders, Otherwise will make sale in the Domestic Markets.

If we export some part Qty or Full Qty of the Imported goods as a Dealer-Exporter, can we able make the Duty claim by way of Duty Drawback?

 

 

 

AI Summary

Duty Drawback Eligibility for Re-Exporting Imported Goods Under Own Brand Name Explained by Chartered Accountant. Check Section 74. A registered Central Excise dealer inquired about claiming duty drawback for exporting imported goods under their own brand name without manufacturing alterations. The dealer plans to either export these goods or sell them domestically. A respondent, a chartered accountant, clarified that re-exporting goods after import is eligible for duty drawback under Section 74 of the Customs Act, 1962. However, the drawback amount decreases based on how long the goods stay in India before re-export. The respondent also recommended reviewing the Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995, for further guidance.