Sir,
Incase of imposition of Safeguard duty on goods imported from developing countries there are two conditions
1. If the import of such article from that developing country does not exceed 3% of total imports of that article into India.
2. Where the article is orginating from more than one developing country (each with less than 3% import share), then the aggregate of import from all such countries taking together does not exceed 9% of total imports of that article into India.
My query is that in case of 2nd condition mentioned above in calculating the aggregate of 9% we will exclude those countries on which conditon of 3% is already applicable?
For eg:
Imports from
Nigeria 2%
Bermuda 0.5%
Romania 2.5%
West Indies 4%
Korea 1.5%
Czechoslovakia 0.5%
Indonesia 2.6%
Singapore 2.4%
So, in the above example whether we will consider West Indies for calculating the limit of 9% or we will exclude it?
please clarify the scheme of duty drawback on hydro power projects and its procedure..
Dear Friends,
We are a wholly software exporter company, We have imported some computers in 2009 & 2010.
I have a query regarding debond this computer, We want to sell computers in India after use, there is any need to debond, if yes then what is the procedure ?
Thanking You
Hi
Can u help me in the following problem:
A person resident in India wants to business with a person in Ghana (like readymade shirts, t-shirts etc. by courier to that person and the payment was done by that person through bank transfer.), What are the tax implications and other Acts requirement to be fulfilled in India.
Dear Sir,
I am a job worker and likely to get jobwork from abroad.
Can I import the material under Duty free Scheme against Bond? If yes, than what is the Procedure?
What happened to the scrap generated out of jobwork process?
Please guide me
Is there any notification saying that the customs duty on import of equipments(giant wheel) for domestic use as capital assets,which is paid for in forex, will get any exemption by applying for EPCG?
What is EPCG scheme?
The company has not any foerx income.
Can anybody tell me procudure if we have Imported the material from china but due to mistake our supplier has mentioned the less amount like USD 2000 whereas it was USD 7500 now our supplies is asking about USD 7500. we have filled Bill of entry as per USD 2000 value and paid the duty and all taxes as per USD 2000 value. Now what we need to do for intimate to custom please send me procudure???
dear sir
please clarify the following
what is meant by transitional arrangements for export
can anybody tell me which regional authority address should be come in appendix 22A which is bank certificate of export and relisation if we are getting shipping bills from commi. of custom air cargo complex-mumbai???
Let me know procedure for refund of 4% SAD. Where to make application
Levy of safeguard duty