Dear All
Please note we are making payment for import software should we intimate the same to custom authority or not ,
If we are not intimate to them is there any fine or penality for the same ,,
Plase confirm the same
Regards
Vinod
Dear Expert,
I import membrane which is part of my RO Plant to be supplied to my customer in Pune.
My factory is in Gujarat which is registered under excise act. Now, without receiving Membrane at my factory, if I dispatch it to pune from Mumbai port then can I take credit of custom duty & CVD paid while importing that material?
If yes, please give reference of any amendment / notification / section /judgment in support of your reply because my auditors insist to get material first at factory and then dispatch it to customer in pune. That will increase my transportation cost.
XYZ Ltd has Imported machinery and after receipt in India They Exported on Leasing Basis, after leasing period over co again imports it back to India and again export to some one else & so on.
Whetehr Co will be held liable for custome duty for each Import and Export of this machinery?
Kindly Help me to know tax Implications under Custome Act for Leasing Trasaction?
- E'ee of one of our client bought 1 laptop from Singapore with him while returning after completion of work but invoice of the same is issued on the name of Indian Co.(i.e. E'er)
- I wanted to know the procedure and consequences such as Custom duty or interest or penalty if any payable & payment of the Invoice issued on co's name.
can an importer of computer hardware who repackages and resells in indian market take set off of SAD paid on import against domestic service tax liability being computer advisory services ?
It registered under central excise after 6 months of importing these goods. (It does not have any excise liability as its turnover is less than 1.5 crores.)
regards, ca kunjan shah, 9820750784, www.nsc.in
I bought one used mobile phone from Norway .it has reached India about one month back. at first I received a letter from office of customs asking remittance and invoice copies. I have submitted the copies through Indian post. again I received another letter after 20 days asking NOC from Ministry of Environment and forest(DGFT) regarding electronic waste. and also they have requested to arrange a customs approved charted engineer for valuation of used goods.
first of all it won't come under e waste. I'm importing that one for personal use not for dumping.
how can I proceed further? How to get NOC from ministry ?
Dear Sir,
Please tell me how to count Assessable amount from Bill Of Entry of Import.
Hi Experts ,
What is the procedure for Issuance of Import License for a person Importing Cosmetic Item.. And want to trade it Localy,
Please give me guidence as fast as possible
can anyone pls tell me...one person has a trust in moritious..he wants to open custodian account for trust with bank in india...whether he should ope institutional or non-institutional custody account...depending on which he will be liable to pay less tax ????
1.If we get 100% of payment before shipment,even then SDF form is to be filled,submitted to customs & finally to bank
2. Does Appendix C 1 in Rebate of Exciseable goods in exports has to be retained by customs or to be returned to exporter after shipment.
Import payment of software