RSP ON IMPORT OF GOODS

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SP ON IMPORT OF GOODS<br> Query (Issue) Started By: - NAUSHERAWAN SM Dated:- 10-9-2016 Last Reply Date:- 9-10-2016 Customs - Exim - SEZ<br>Got 5 Replies<br>Customs<br>We are manufacturer of Parts and spare of Motor vehicles. One of components i.e. rubber items importing and assembling in the Motor vehicle parts for export. Let me know whether RSP will be applied for import of components which will....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... be fitted in finished goods for export. The custom&#39;s officer of Kolkata has detained our goods for payment of excise duty on RSP. Thanks, S.M.Nausherawan AGM (RSB Transmissions (I) Ltd., Jamshedpur) Reply By YAGAY AND SUN: The Reply: No, since these parts shall be used in manufacturing of finished goods and not for the purpose of selling as such. You can make representation to the concer....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ned officer in this regard, show the evidence, BOM, manufacturing process flow chart, and if possible a bond. On the export you can also get the AIR Duty Drawback or Brand Rate Fixation. Reply By CS SANJAY MALHOTRA: The Reply: Dear Mr. SMN, What&#39;s the item of import and chapter ID????? If the product is leviable to duty on RSP based as per Notf No 49/2008-CE dated 24.12.08, then the office....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r is correct as CVD leviable is equal to Excise Durty rate. You can avail the duty credit and afterwards clear your goods on payment of duty under rebate..... No tax cost for you in that scenario. Reply By YAGAY AND SUN: The Reply: If spare parts are being imported for to be used in manufacturing of finished goods on which duty is payable/paid then such spare parts shall not come under RSP regim....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e as packing, repacking, labelling relabelling shall not be happen to make such spare parts marketable and hence would not come under Section 2 f iii and Schedule III of the C.E.Tariff. Reply By Ganeshan Kalyani: The Reply: Healthy discussion. Enriched my knowledge. Thanks experts. Reply By Kishan Barai: The Reply: Retail Sale Price is generally not applicable for imports of components used f....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....or manufacturing.<br> Discussion Forum - Knowledge Sharing ....