Home |Business | Can we send capital goods imported duty-free in the factory licensed under Section 65 of the Customs Act, 1962 for repair/ testing? If yes, would any duty be payable on such removal? Can we temporarily send capital goods imported duty-free in the factory licensed under Section 65 of the Customs Act, 1962 to a sub-contractor for use in further manufacturing?

Can we send capital goods imported duty-free in the factory licensed under Section 65 of the Customs Act, 1962 for repair/ testing? If yes, would any duty be payable on such removal? Can we temporarily send capital goods imported duty-free in the factory licensed under Section 65 of the Customs Act, 1962 to a sub-contractor for use in further manufacturing?

Answer Notify Me - 1 Notifying - 2
Rahul Rahul
Answered on February 17,2020

The warehouse goods can be sent for job work and brought back to the Section 65 premises without payment of duty. However, there is no provision for use of these goods for manufactured in the different premises.

Clap Clap 13
Share Share Answer Share Share
Views 51 views
tesz.in
Hey , can you help?
Answer this question
Guide

How to set up a business in India from scratch?

Setting up a Business in India involves the following steps Choosing the type of business Business Registration Process Central and State level Approvals / Compliances Wi..
  Click here to get a detailed guide

Related Questions