https://www.taxtmi.com/circulars?id=61923 Jewellery exported under bond or simple LUT for exhibition or consignment involves no sale and, under the Articles of Jewellery (Collection of Duty) Rules, liability to central excise arises on first sale; therefore condition 1(d) of Notification No. 94/96 requiring payment of central excise at re-import is not applicable and no additional customs duty is payable on such re-import provided other notification conditions are met. Exports under rebate, however, entail prior payment and re-import must follow the rebate-repayment provision (condition 1(c)). en-us Thu, 20 Jun 2019 00:00:00 +0530 Mon, 22 Jul 2019 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61923 Jewellery exported under bond or simple LUT for exhibition or consignment involves no sale and, under the Articles of Jewellery (Collection of Duty) Rules, liability to central excise arises on first sale; therefore condition 1(d) of Notification No. 94/96 requiring payment of central excise at re-import is not applicable and no additional customs duty is payable on such re-import provided other notification conditions are met. Exports under rebate, however, entail prior payment and re-import must follow the rebate-repayment provision (condition 1(c)). Circulars Customs Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61923