Ratan
12 December 2012 at 20:37

Import duty

hello,
i am planning to buy an tablet which is made in china and provided by dx.com/shoppingcart.dx.com the price listed is 195 $ with free shipping or the shipping price is included in this 195 $ how much import duty or any other form of tax do i have to pay . please can you tell me the total cost in rs ( assume 1$ = 55 rs ) (195 $ + all taxes ) that has to be paid by me and moreover i want to ask 1 thing where this duty has to be paid ? when i receive the product then to the courier man ? i reside in karnataka


Sagar
12 December 2012 at 17:09

Import duty & other charges and taxation

Dear Sir/Madam,

We intend to Import paper from china. Can you please tell me what are the extra charges added with the import duty, and what are the taxes i have to pay to to take the imported paper from JNPT, Mumbai Port to Pune (Out of Octroi)warehouse.

HS Code of papers
1) 48025600
2) 48101400
3) 4802570010


CA Sanjay Bag
11 December 2012 at 16:05

Payment made to customs through icegate

Dear Sir,
Recently we have made a payment to Customs through the ICEGATE site by online; bank challans are generated. But later we found that the amount was not credited to Customs. But from Bank we to know that they debited the amount accrodingly. We also take help of Customs Online. But no result yet has been come. On the other hand Customs refuse us to clear the goods. Please help.


Irfan Khan
10 December 2012 at 12:39

Depb claim

Dear Sir
Is claim for DEPB can be submitted online?
Is it necessary to take the services of an agent?
Please provide the procedure to cliam DEPB benefits.


kulvinder kaur

Dear Sir,

We are buying material from Singapore based company who is having their local office in India. In this senario, seller is singapore and first buyer is local company in india (as per bill of lading). Indian buyer is keeping goods under custom bonded warehouse and filing warehouse bill of entry in his name (indian office). We are buying those goods by filing ex-bond BOE on our name on same exchange rate thru "Transfer of Ownership" deed between First indian buyer and us. Then he raise local invoice to us without sales tax / VAT. This seems as equal to High Seas.

I have few doubts for above transaction :
1) Is this valid transaction ?
2) He raised local invoice without tax, is there any sales tax liability arise to us in future ?
3)Usually consideration value of High Seas is CIF + 2%. If my CIF import cost is 1 lac then I have to pay duty on 1 lac + 20,000 (2%)? but we are paying ex-bond duty on assessable value without 2%. Is this valid ?


pravin malviya
08 December 2012 at 17:28

Depb act

Hello friends can any1 let me know about the DEPB rule and regulations?
Please provide me the exact link so that i can mine the relevant info.
Does Duty drawback claim and DEPB one and same thing or different?
I did search on google but i didnot get proper info so m hoping that i would get from our club.


rajesh
08 December 2012 at 16:25

Bill of entry

Dear All,

If one company registered outside India (first company)purchases the goods from company also registered outside India (second company)and first Company directly sells the goods to party in India and instruct the second Company to deliver the goods in India , then whose name should appear in bill of entry in India(whether first party or second party or both)? Also what documents are required to be executed for the purpose by Indian company?

Kindly reply.

Thanks


Gaurav
07 December 2012 at 14:01

Eo in case of advance authorisation

A ltd (Consignor) has manufactured & supplied machinery to SEZ unit on behalf of 'B Ltd'(Advance Authorisation holder), as the 'B Ltd' is original buyer of machinery.
The raw material imported by B Ltd was used in final product supplied to SEZ unit. Can this sale be considered as export for B Ltd ? If yes, What document can B Ltd submit to DGFT for redemption of its Advance Authorisation ? As the signature of Excise authority is not available on invoice of B Ltd (A Ltd was consignor).


vijay jain
06 December 2012 at 17:37

Epcg scheme

WE ARE MANUFACTURER EXPORTER AND WE HAVE EXPORTED OUR PRODUCT AGAINST EPCG OBLIGATION.BY MISTAKE ONE OF THE INVOICE CONTAINING ITEM WHICH IS NOT PRESCRIBED IN EPCG LICENSE ISSUED AND SUBMITTED AND CLEARING AGENT HAVE ALSO FILED SHIPPING BILL NOW OUR CONTAINER STOPPED BY CUSTOM AUTHORITY PLEASE GUIDE US WHAT TO DO NOW.WE HAVE SUBMITTED REVISED INVOICE ALSO.


m.faruk yusuf patel

my brother is doing trading activity.he wants to export electrical goods(modular Boxes) out of india.Whether custom duty will be payable? Specify rate of duty and also reund can be claimed for payment of such duty? kindly specify notification under which it can be claimed.





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