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ravi's Expert Profile

Queries Replied : 63

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About me

    What kinds of questions I can and can't answer?
    my experience is in exports / imports, i am working in commercial department from past 7 years. I am very familiar with excise/customs matters.

    My area of expertise
    customs & excise

    My experience in the area (years):
    7

    Organizations I belong to:
    nsl

    Publications or writing which has appeared :
    no

    Educational credentials:
    mba (international business)

    Award & Honors:
    no

  • MANOJ R BOHRA says : EPCG DUTY SAVED
    SIR WE ARE IMPORTING CAPITAL GOOD UNDER 3% EPCG HAVING BASIC DUTY OF 7.5% AMOUNTING 66500 US$ PLEASE PROVIDE THE CALCULATION OF DUTY SAVED. THE CG TO BE IMPORTED UNDER CHAPTER 84

  • Amit says : Foreign Exchange Remittances
    Hi Ravi, Thanks for your reply to my query. But I think you didn't get my question. I understand that we see the amount credited in our bank statement once the USD are converted into INR. But my question is: let's assume that during a day the USD trades between INR 48 - 49 (range). And if the bank sells say $1000 & credit Rs. 48,000 in our account. Now, I want to verify this amount (Rs.48,000) was actually realised. My concern is that they may realise Rs.49,000 (but credited Rs. 48,000 only to the customer's account). I hope you got my question. Thanks Amit


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