Advice on India temporary import regime

We need to import into India temporarily a piece of equipment for testing, then export it (to a different country than the country of origin).

Upon temporary import, I understand that customs duties and VAT are payable that are then refunded to the importer.

We have been told in the past that if the items are exported to a different country than the country of origin, Indian authorities will refuse the VAT and duty refund.

My requirements for the project include advice on:

- the Indian VAT and import duty regime on temporary imports with relevant supporting documents

- the requirements to the parties involved, including whether the importer must be an Indian company, any registrations needed, application process, documentation

- any requirements applicable to the re-export procedure in order to obtain a refund

- time frame for refund

Only chartered accountants and lawyers please. Evidence of qualification will be required.

Tax Tax Law

Project ID: #2614743

About the project