Transfer from SEZ/FTWZ to DTA cannot be termed as ‘re-import’: CAAR

In re Baker Hughes Oilfield Services India Pvt. Ltd. (CAAR Delhi) Rule 48 of the SEZ Rules, 2006,  inter-alia states that where goods procured from DTA by a Unit are supplied back to the DTA, as it is or without substantial processing, such goods shall be treated as re-imported goods and shall be subject to such procedure and conditions as applicable in the case of normal re-import of goods from outside India. In light of the above, it can be convincingly stated that under the SEZ Act, 2005 read with SEZ Rules, 2006, words ‘import’ and ‘procure’ have been assigned diff...