Goods Sent out of India on Approval basis does not Attract IGST at Time of Re-import: CESTAT Quashes Customs Duty Demand [Read Order]

Customs Duty Demand - Integrated Goods and Service Tax - Goods and Service Tax - CESTAT - CESTAT News - Excise - Customs - Service Tax - Tax News - TAXSCAN

The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the goods sent out of India on an approval basis do Attract Integrated Goods and Service Tax (IGST) at the time of re-import.  Heeralal Chhaganlal Tank, the appellant assessee are jewelers holding Import and Export Code and the importer-assessee…

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