TaxTMI 
TaxTMI 
IMPORT RAW MATERIAL FOR PRODUCTION OF EXPORT ORDER
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....MPORT RAW MATERIAL FOR PRODUCTION OF EXPORT ORDER<br> Query (Issue) Started By: - SNEHAL SHAH Dated:- 8-5-2012 Last Reply Date:- 9-5-2012 Customs - Exim - SEZ<br>Got 3 Replies<br>Customs<br>Sir, We h....
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....ave received one order from foreign client . Foreign client write one condiion in this order that one parts of this mateiral will be supply by him & other will be produciton from india . Now question....
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.... is that how we will import this parts ? Pl. Suggest all this procedure . Thanks, SNE Reply By Pradeep Khatri: The Reply: You may import this part on payment of duty and while exporting the finish....
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....ed goods, you may avail the duty drawback ( i.e. customs duty paid on the imported part used in manufacturing of finished goods) under Section 75 of the Customs Act, 1962. You may opt for either All ....
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....industry rate or go for Brand Rate fixation in this regard. Reply By Pradeep Khatri: The Reply: In continution to my reply, you may also opt for DFIA or Advance Authorisation in this regard dependin....
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....g on your need. Reply By Radha Arun: The Reply: notification 32/97-Cus provides for duty-free import of material for job work. The product must be exported within 6 months. Certain procedures have t....
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....o be followed. You can see the notification under the 'Customs' tab in this site. ("Notifications & Circulars" -> "Exemption / Tariff Notifications")<br> Discussion Forum - Knowledge Sharing ....