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TaxTMI 
Supplier under 40/2017-C.T. (Rate) vs Imports on Adv Authorisation
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....upplier under 40/2017-C.T. (Rate) vs Imports on Adv Authorisation<br> Query (Issue) Started By: - Ganesh S Dated:- 24-6-2021 Last Reply Date:- 25-6-2021 Customs - Exim - SEZ<br>Got 5 Replies<br>Customs<br>Dear Experts, I have a scenario wherein the raw materials are imported under advance authorization without payment of Customs and IGST. The finished goods manufactured using such imported raw ma....
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....terail is supplied to a merchant exporter following the procedure of notification 40/2017-CT (Rate) at 0.5% + 0.5% GST. Will such transactions be considered towards fulfillment of export obligation for procurement of raw materials under advance authorization? Thanks, Ganesh Reply By Ganesh S: The Reply: Dear Experts, Any views? To add to the question. The Merchant Exporter is not a AA or DFIA....
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.... holder. Thanks, Ganesh Reply By Rajagopalan Ranganathan: The Reply: Sir, Advance Authorization can be availed by manufacturer exporters or merchant exporters who are linked with supporting manufacturers for physical exports (including exports to SEZ), intermediate supplies, and supply of 'stores' on board of foreign going vessel/aircraft (conditions apply). The conditions are prescribed by F....
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....TP or DGFT through notifications. In view of the above, in my opinion, such transactions are considered towards fulfilment of export obligation for procurement of raw materials under advance authorization. Reply By Ganesh S: The Reply: Dear Sir, In the given scenario, the merchant exporter (without AA/DFIA) is a third party. The manufacturing unit having AA is not a supporting manufacturer of ....
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....the the Merchant Exporter. Can such exports through merchant exporter still be considered for EO of the manufacturer against it's AA. Thanks Ganesh Reply By Rajagopalan Ranganathan: The Reply: Sir,t If the merchant exporter does not have a tie-up with the manufacturer who is holding the AA, then exports made through the merchant exporter will not be taken into account to arrive at the exp....
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....ort obligation of AA holder. Reply By Ganesh S: The Reply: Thanks Sir. Ganesh.<br> Discussion Forum - Knowledge Sharing ....