XYZ having registered premises at Goa. XYZ will be importing goods by paying import duties and goods once cleared from Mumbai port will be stored at a container yard in Nava Sheva. From their, it will be again reexported. 1) Can XYZ claim ITC against the bill of entry for this import which is in the name of Goa unit? 2) Can they re-export the goods from Nava sheva without physically bringing the goods to Goa? 3) Are they required to register the container yard at Nava sheva at additional place of business 4) What is the procedure for re-export?
Kaustubh Karandikar Asked question March 8, 2021