Dear Professional colleagues,
i working in Automotive Engg units
most of our work done through Import& exports we import the Raw Product & manufacturing(fully or Semi) to Sell it out of India(Export)
As a Account Point of View what the Procedure i have to follow (Import & Export) Pls also tell about the duty draw back
kindly narrate with Illustration
we did customs work through (CIF)Agent
i want do the work independently.
pls consider my case
thanks karthik

Please let me know due date for filing claim of duty drawback on Re-export of imported goods.

Hi All,

our company has imported machinery under EPCG licence and has rightly fulfilled the export obligation within the stipulated time by using our deemed/third party export. we have also received our export obligation discharge certificate but know the deprtmnt has cancelled the EODC stating that the obligation has not been righty fulfilled

They are demanding the Custom duty saved at the time of import along interest

Kindly advice us. whether we will have to make the payment as they will be issuing a demand notice soon.

if we agree to pay the pricipal amt can we take the credit of the same in our banks and fight against the case??

is payment of interest mandatory???
if we pay the interest amt and keep fighting,we will get back the interest amt if the case is in our favour or will it be our cost.

KINDLY HELP AS THE MATTER IS REALLY VERY URGENT

Sir
if any penal interest is paid on custom duty, input credit for the same is available or not?
and if custom duty is paid on demand by the authority, then the input credit is available or not

Is there as specific format for the letter to be given to the AC or DC citing reasons for payment of customs duty under protest due to dispute regarding classification?

If so, please let me know what the format is.

Thank you.

hi pls anyone advise me accounting treatment on given below matter:- we hv paid advanced customs duty worth rs. 3.55 lacs in the m/o nov 12 as DD given to CHA in advance. now in dec month CHA has returned DD for said amt. to us on account of rule change in customs, now duty will be pay online and we deposited DD in bank and got same amt. back. then our CHA has paid customs duty worth rs. 3.59 lacs on our behalf and raised debit note for same amt. to us. in dec month.

could you tell me that maca powders from peru can i import or not ...and tell me hs code..please....and how to import from peru ...what thing i have to care while importing..thanks

Hi,

Please confirm as per below notification do we need to mention as “We hereby declare that no CENVAT facility has been availed in respect of the goods sold under this invoice” of all our vendors from whom we are purchasing goods (Any Good which is for export):

1. Notification No.92/2012-Customs -(N.T.) dated 04/10/2012 reg., New Duty Drawback Rates effective from 10th October, 2012 notified.

2. Customs Circular No.27/2012 dated 05/10/2012 reg., All Industry Rates of Duty Drawback 2012-13.

Please reply on urgent basis.

Regards,
Naveen

Dear sir
actually i am working in a service sector my company people are importing some goods and they are paying special additional duty on them the thing is, they are using the goods in the services what they are providing, and there is no resale and they are paying VAT on the goods, whether the company can claim refund of sad or the company can avail the sad as input credit against service tax payable by them. if both the options are not possible what is the better treatment for sad, if they charge it on service the cost of services will be more it will effect the company. So please tell me the solution for my problem as early as possible

I have query regarding the special words using in the Act for defination, I want to know the meaning of following

"Grammatical Variations and cognate expressions"

Thanks in Advance