TAX IMPLICTIONS ON RE-IMPORT
Query (Issue) Started By: – RAMESH M Dated:- 1-3-2019 Last Reply Date:- 3-3-2019 Goods and Services Tax – GST
Got 3 Replies
GST
We exported our automobile material with payment of IGST, Due to some techinical issue the exported materials were rejected. we have to RE-IMPORT the above material. If there is any tax implication while RE-IMPORT the same.
We also availed the all export benefits like DBK / MEIS / IGST refund for above export shipments
Shall we repay the availed above export benefits to GOVT ? or any other customs duty shall we pay additionally.
Any suggestions Please…
M.RAMESH
Reply By KASTURI SETHI:
The Reply:
All export benefits have to be given back to Govt. and normal procedure
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