https://www.taxtmi.com/forum/issue?id=109144 Re-export of imported capital goods found defective is permitted by Customs if re-export occurs from the port of import within a limited time, the goods were not put to use, Customs is satisfied as to identity, and Customs issues a re-credit certificate recording scrip particulars and amount debited; re-credit is limited to a specified percentage and the certificate has limited validity, with remittances and accounting to follow prevailing import-export guidelines. Permission is obtained by formal application on the prescribed Customs form with full transactional particulars. en-us Thu, 10 Sep 2015 11:47:31 +0530 Thu, 23 Jan 2025 15:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109144 Re-export of imported capital goods found defective is permitted by Customs if re-export occurs from the port of import within a limited time, the goods were not put to use, Customs is satisfied as to identity, and Customs issues a re-credit certificate recording scrip particulars and amount debited; re-credit is limited to a specified percentage and the certificate has limited validity, with remittances and accounting to follow prevailing import-export guidelines. Permission is obtained by formal application on the prescribed Customs form with full transactional particulars. Discussion-Forum Customs Thu, 10 Sep 2015 11:47:31 +0530 https://www.taxtmi.com/forum/issue?id=109144