https://www.taxtmi.com/forum/issue?id=109900 Re-export of imported capital machinery for repair requires a GR waiver from the bank confirming no foreign exchange is involved, inclusion of that reference and an explanatory phrase on invoice/ARE-1/Shipping Bill, and a non-removable identification mark recorded in the Shipping Bill. After repair, customs duty is payable on repair charges and a Bill of Entry (exchange control copy) must be submitted to the banker. Proof of export within six months and evidence of re-importation must be furnished to Central Excise; without such proof, duty may be imposed on the machine's value. A declaration on the invoice noting re-export for repair and no commercial value is advised. en-us Thu, 18 Feb 2016 16:13:30 +0530 Thu, 23 Jan 2025 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109900 Re-export of imported capital machinery for repair requires a GR waiver from the bank confirming no foreign exchange is involved, inclusion of that reference and an explanatory phrase on invoice/ARE-1/Shipping Bill, and a non-removable identification mark recorded in the Shipping Bill. After repair, customs duty is payable on repair charges and a Bill of Entry (exchange control copy) must be submitted to the banker. Proof of export within six months and evidence of re-importation must be furnished to Central Excise; without such proof, duty may be imposed on the machine's value. A declaration on the invoice noting re-export for repair and no commercial value is advised. Discussion-Forum Central Excise Thu, 18 Feb 2016 16:13:30 +0530 https://www.taxtmi.com/forum/issue?id=109900