Export


Dear Experts,

We had exported our materials out of India without payment of excise duty under Letter of Undertaking. Because of quality complaint, we have to send them replacement. Also, it is not economically feasible to bring the rejected material to India. In such scenerio, is there any way to send replacement without payment of Excise duty? To retain the overseas customer, and for goodwill of our country, we have to oblige our customer. Is there any Govt. scheme for such scheme?

 
Reply   
 
financial assistant

you have look to dgft scheme.it is available in website


Total likes : 1 times

 
Reply   
 


Consultant in Indirect Tax Matters

In my view, the following are the available alternatives

1. You may have to issue a letter to to your foreign buyer authorizing him to destroy the material

     lying with him since it is not viable for your to bring back ; and

2. To export fresh consignment on free of cost against GR waiver without claiming any export

     incentives.

The above is presuming that you have already received the payment for the defective consignment.

 

Regards

Surya

 

 
Reply   
 

You have to search new scheme in available site.

 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

Search Forum:








×

  LAWyersclubindia Menu