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Vijay Kalyani

Import/Custom Duty Exemption

Hi Team, if I'm importing the raw materials from Europe for the projects with the final delivery to domestic Indian market/customers, will I get exemptions on Import/Custom duties?
If yes, how can it be achieved?
What are the exceptions to have these import duty exemption?

Many thanks in advance for the feedback. more  

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SUBHASH PARAKH (Chartered Accountants)
It will depend upon what material you are importing and where it shall be used. more  
Lekh Sood
you are welcome. more  
Vijay Kalyani
Thank you for the feedback Mr Sood more  
Lekh Sood
Mr.Vijay- you can get cenvat credit of cvd and SAD which will be paid by you on imported material.However,you will have to basic custom duty. more  
Vijay Kalyani
Mr Singal, reason for wishful exemption that most of our final delivery would be happening to Infrastructure projects like Metros & DFC and we are the 1st MNC to establish a wheel manufacturing plant in India, which also boost us with the "Make in India" initiative of our prestigious PM. more  
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