TaxTMI 
TaxTMI 
Removal of Goods to Foreign Warehouse - Rejected
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....emoval of Goods to Foreign Warehouse - Rejected<br> Query (Issue) Started By: - Pradeep Jain Dated:- 19-1-2017 Last Reply Date:- 21-1-2017 Central Excise<br>Got 5 Replies<br>Central Excise<br>Dear Sir, Removal of Goods to our Foreign Warehouse . We have send the same under ARE-1 and Letter of Under Taking submitted to the Excise Department. Some of goods were reject by the Customer and we are no....
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....t able to take the delivery of the same. The same will be scrapped at abroad . Qurery is that:- 1- do we need to pay excise duty along with interest of the rejected goods laying at Foreign Warehouse. 2- Is there any Sales Tax obligation ? Kindly advise. Regards Pradeep Jain Reply By MUKUND THAKKAR: The Reply: 1- do we need to pay excise duty along with interest of the rejected goods laying....
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.... at Foreign Warehouse. Need not to pay any excise duty if goods has been rejected by overseas buyer and laying at Foreign warehouse. 2- Is there any Sales Tax obligation ? No. Reply By MARIAPPAN GOVINDARAJAN: The Reply: I endorse the views of Shri Mukund Reply By Rajagopalan Ranganathan: The Reply: Sir, As long as the exported goods are rejected and kept as scrap in a foreign country, ....
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....still it is export of goods and no central excise duty or vat is chargeable on the same. if the scrapped goods are returned /re- imported by you then the treatment will be different under Customs Act. Reply By Mahir S: The Reply: If BRC is not received for the said exported goods, then excise duty amount thereon is liable to be paid/debited with interest. Reply By YAGAY AND SUN: The Reply: Pro....
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....portionate Export Incentives also need to be paid back along with interest if availed.<br> Discussion Forum - Knowledge Sharing ....