About Rejectiton material.
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2010
Dear all
we are the manufacturer and we export to american party but our material is rejected by the party (american) now what is the procedure about taxation.
1) when party return the material at that time the import invoice is is received
2) can we take credit on this invoice
Please
Tell me what should i do
we are the manufacturer and we export to american party but our material is rejected by the party (american) now what is the procedure about taxation.
1) when party return the material at that time the import invoice is is received
2) can we take credit on this invoice
Please
Tell me what should i do
20 December 2010
Goods can be re-imported within specified time limit. export incentive obtained will be recovered. Yes you can take credit of this invoice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
