on 10-20-2008 3:14 PM
Dear Gurus,
My Client is sending Material part (Import) ,for Service to foreign Vendor,please find the process mentioned below
PROCESS FOR SENDING DEFECTIVE PART OF ASSET(MACHINE) FOR REPAIRING TO OVERSEAS SUPPLIER/REPAIRER AND RECEIVING BACK INTO FACTORY AFTER REPAIRING.
PACKAGING MACHINE
DEFECTIVE PART IDENTIFIED
DEPOSITED INTO STORES DEPT.
CUSTOMS DOCUMENTATION -
FOR CLEARANCE AND SENDING
TO VENDOR.
FREIGHT PAYABLE
CLEARING CHARGES PAYABLE
MATERIAL REACHED TO REPAIRER
AND REPAIRED.
REPAIRED MATERIAL COMING INDIA -- IMPORT CLEARANCE.
FREIGHT PAYABLE
CUSTOMS DUTY ON REPAIRING
CHARGES PAYABLE.
CLEARING CHARGES PAYABLE
REPAIRING CHARGES PAYABLE TO
REPAIRER IN FOREIGN CURRENCY
Note:
When material going out of Indian customs process required ( say Export Process for Repairing) at that time no duty is payble but outgoing freight and Custom Clearing charges payable ( Clearing charges is payable to Clearing Agent and Freight Payable to Carrier)
When the same material coming to India customs process required ( Say Import Process for repaired material). At that time Incoming freight is payable either directly to carrier or it may be included in the repairieru2019s Invoice. Repairing charges is payable to overseas repairer. Customs clearing charges payable to clearing agent.
Freight / Courier charges (within India from / to Company to Port of export ) is payable to local courier / Transporters
-
Will Be Very thankful to you if you can throw some light on the Duties that my client pay while the material is going out and coming in .
Regards
Shailesh
Hi,
Do the recursive subcontracting , send the same material and assign the same material as component by
creating subcontracting PO , and pay as sun con charges to overseas vendor
Map ,freight duty and custom in subcontracting PO as in regular PO
Try it should help
Diwakar
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