i did not see where to place comments on the reply given by the expert in the CA Club India Sit hence i am sending this Ask a query Space.The Replay given by Ramesh Kumar Verma for assessable value is not a complete answer

Malay M Pota
FCS

Dear Member,

Under EPCG license we will be able to save the basic custom duty or Basic custom duty+CVD+additional duty.

please clarify.

regards,
Prasanta.

Dear Ramesh kumar verma,
please guide me, to import used spinning machinery from Nepal by road.
what is the duty to be paid?
documents Required?
certification Required?
any other required?
please guide me detailed information.

Hello all,

My name is Nakul.I need information regarding export of bananas.I want to know all the additional documents except compulsory documents while exporting those bananas.Please share asap.

If any special document is there please throw some light on that also.

Thank you

Dear Sir I want to import cold rolled stainless steel sheet from China.
I have heard that most of the sizes, thickness and grades of cold rolled stainless sheet attracts anti-dumping duty and safeguard duty but still some of the grades, thickness and sizes of Cold Rolled stainless steel sheet doesn't attract anti-dumping duty imported from PR of China.
Can u pls let us know those specification such as Grades, Thickness & Size of Stainless Steel Sheet which does not attract anti-dumping duty at its importation from PR of China If possible pls also let us know their Tariff Code and relevant notifications .....??????

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