Anonymous
20 June 2013 at 15:21

About eps

According to accounting standard 20, (Accounting for Earnings Per Share)every listed company must disclose earnings per share in its financial statements. But its not clear about the unlisted pirivate limited companies. What is the state of unlisted private limited companies in this issue?


ravi mittal

Dear Sir / Madam,

We have been exporting goods since August 2012 and we are entitled to 6.8% dutydrawback for our exports. Even our shipping bills have clearly mentioned the amount receivable for export for dutydrawback.

In the last 12 exports, we got dutydrawback for 1 export / shipping bill, while all others are pending with customs.

On enquiring, they informed us to get Non-Availment Cenvat Certificate from Excise Range Office. On contacing Range Office, the Excise Superintendent clearly mentioned that they cannot issue Non-Availment Cenvat Certificate since we are taking input credit for our purchased.

Now, since the dutydrawback is an export incentive, why do I need to submit a Non-Availment Cenvat certificate to customs? When I buy something under excise, and I sell in export, even then I am not utilizing this credit. Also, how is an 'export incentive' related to my excise purchase and sale? I do not understand why Customs is asking for this certificate. I smell something fishy.

Can someone clarify how we can tackle this issue? And how we can respond to Customs department?


Ashu Goyal

i want to import a tablet(mobile) from china through post,so what is the maximum limit at which no duty is payable?


Rajesh Sahu
19 June 2013 at 11:40

Custom duty calculation

Sir,

Please advise
During Custom duty calculation any below item includable in CIF value:
1. Royalty on patent
2. Royalty as condition of sale


Deepak Rawat
18 June 2013 at 13:46

Want to get custom cases study.

Dear Sir,
Please let me know from where I can get custom case study ?


Bhaumik Shah
17 June 2013 at 17:43

Section 3(5) of custum tarrif act

We are Manufacturing company producing solar water heater. we import Evacuated Glass Tube from China for the purpose of manufacturing of Solar Water heater, on which Special CVD levied @ 4%. So, this Glass Tubes are Raw Material for us and which are used for producing Solar Water Heater.

My question is whether can our company entitle for Refund u/s 3(5) of Custom Tariff Act. for goods imported from China on which special CVD was levied @ 4 %


MATHI
13 June 2013 at 11:28

Bond format

Sir

Please send us the bond format for not mentioning the EPCG No in the S/B?

Help us



Anonymous
11 June 2013 at 19:25

Custom duty refunnd under appeal

Sir,
I have a query regarding Custom Duty Refund-
We are exporters and we have huge balance in Custom Duty Refund under appeal and order has been passed by the Commissioner of Customs (Appeals) in case of some vessels which have been taken into account on the basis of such order.
I want to know whether other amounts can be taken into account since the order passed is for the same subject matter and on same ground.

Kindly reply at earliest.


sumanpandit
11 June 2013 at 15:03

Letter of credit negotiation

PLEASE TELL ME ABOUT WHEN NEGOTIATION BANK NEGOTIATES LETTER OF CREDIT,WHAT DOCUMENTS THEY SEND TO ISSUING BANK & WHAT DOCUMENTS THEY RETAINED.(FOR EXPORT THROUGH LAND CUSTOM)



Anonymous
11 June 2013 at 14:21

Duty drawback

Hi,

What document we need to provide to avail DDK under Brand Rate

If the product not covered under AIR and our actual duty paid is more then the prescribed once in the notification under AIR

Under Section 75 (sub section 3), whether a company can claim DDK in retro prospective effect (not endorsed in Shipping bill).

Whether a company can avail both DDK and rebate ?





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