Assessee is registered under DVAT and it imports some articles from outside India to sell these products in India. Does he sell these goods directly from the custom station in India to other parts of India without obtaining separate registration under the VAT laws of the respective state where custom station falls.

We want to import new tools from under EPCG. It will installed at our supplier end. But from the said tools those products manufactured same will be sold in India only, as of now no any projections of exports.

But finished product description will be the same as per our other export product. So exporting different product we can complete Export Obligation easily. But no any nexus between tools & export product.

In the above situation can we avail EPCG benefit? Can we close said license successfully without any obligation from any government authority?

Please confirm.

Sir,
pls tell me that which is the widely used method for cost benefit analysis of Plant & Machinery?
by which method we can make decision to buy or replace assets like office furniture?

What is the procedure for registration of A.D Code with customs after getting the bank letter from the bank?

Dear Sirs,

We have paid BCD on exempted goods and the amount is expense out as additional cost of Raw Material in 2011-12. Financial Audit is also completed.

Now we come to know that those material is exempted and applied for re-assessment and refund.

Can we prove unjust enrichment by passing JV in current year for Debiting Receivable from Govt. and credit to Import Purchase Account?

Thanks,

What are the Provision for Claiming SAD Refund, or SAD Credit can be Taken.

Is provision Differ If Importer is Dealer or Manufacturer.
State With provision and reference.

Can any one explain me...
bill of entry (trader - importer)
a BoE having:-


a.Invoice in Dollor
b.Exchange rate
c. Total a*b
d. HSS load rate 2% of c
e.Landing Charges 1% of c
f. total c+d+e
g. 5% duty charged of f
h. total f+g
i. cvd (excise duty) 12% charged of h
j. edu cess and higher cess 3% of g+i
k. total h+i+j
l. additional duty refundable 4% of k

pls explain me all these points in short.

dont post here any link.
in that only column (i) is pass on to manufacturer i.e. 12%.
rest is not passed on.
and additional duty claimed.as SAD.

hello,
we have a import purchase from UK(supplier) and need to pay the full amount in advance, so we need to submit PI in bank for payment.Once the payment received to the supplier, they will inform their client at CHINA (warehouse), another firm. then, our forwarder has to arrange pick up from there.

All docs will be done in the name of CHINA company, but we paid the advance in the name of UK company. is there any issue? please advise.

pls anyone help me for proper procedure for refund of import duty.

Dear one, often, due to financial implications, we unable to clear our containers on time, due to this after 14 days free period , we facing huge loss by paying the demurrage charges,pls advice is there any way available to avoid or edge the demurrage fee,