TaxTMI 
TaxTMI 
Import of RM under job work
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....mport of RM under job work<br> Query (Issue) Started By: - Ramesh Sharma Dated:- 2-3-2020 Last Reply Date:- 5-5-2020 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>We received RM free of cost from ....
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....supplier for job work. Please clarify which notification i have to refer to save custom duty. Do need to submit any BG or undertaking to custom authority. Also answar following queries. 1. We are rai....
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....sing job work invoice on supplier of goods and does not include material cost. 2. what documents we have to maintain to support the job work. Reply By YAGAY andSUN: The Reply: You need not pay any ....
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....customs duty on importation of materials for job work. Only thing is that the materials should be supplied on free of cost by supplier for job work against execution of export order. The relevant not....
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....ification No. 32/97 customs may be referred for details The main condition is that the resultant product and imported goods if any should be re-exported to the supplier or any other person which the ....
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....supply may specify within six months from the date of import or within such extended period that may allow by customs. Further, the FOB value of export should be more than 10% of CIF value of importe....
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....d goods. Job work should be undertaken in accordance with the procedure set out in Custms (Import of Goods at Concessional rate of duty for Manufacture of excisable goods) Rules 2016.<br> Discussion ....
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