Re-export under Section 74
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....e-export under Section 74<br> Query (Issue) Started By: - Rahul Sonawane Dated:- 10-7-2012 Last Reply Date:- 15-2-2013 Customs - Exim - SEZ<br>Got 3 Replies<br>Customs<br>Dear Sir, In our case we have imported finished goods for sale in indian market, but now due to some technical reasons we have decided to re-export the goods , to the country other than the country of import, let me know whethe....
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....r we can get the duty drawback under section 74 in this case. Regards, Rahul Sonawane Reply By Pradeep Khatri: The Reply: Dear Rahul, Under Section 74 of Customs Act, it is very much allowed to export the imported goods to another country other than the from the import was initiated. Duty Drawback under Section 74 will be granted up-to the limit of 98% of the duty paid. Further, Goods must b....
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....e in its original packaging. Onus will be on you to prove the identity of the goods to the Customs Department. A rate slab of duty drawback is also associated with the lapsed time. Board's permission is required to export the goods, if you are not able to export within 2 year from the date of import. Best Regards, Pradeep Khatri Reply By Sainath Forwarder: The Reply: Dear Sir, kindly forward....
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.... us any notification for the same as we are also facing the same problem and we couldnot find any notification in which they have stated that the importer can export to third party . Awaintg your earlest reversal......... Reply By Pradeep Khatri: The Reply: Please refer page no. 1.37 (pink pages) of the R.K.Jain's Customs Law Manual 46th addition 2012-13 in this regard.<br> Discussion Forum - ....
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