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.

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 ?

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.

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

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).

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.

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.

we are the manufacture and exporter, sales to sez units under AIR drawback rates.

what is the time limit for filing the claim,

what are the documents are need to required to submit for claim.

please urgent

1.If we put the material in FTWZ private warehouse, then what will be date for assessing assessablavalue and applicability of interest at the time of actual clearing ?

2.If we put the material in Bonded warehouse , then what will be date for assessing assessablavalue and applicability of interest at the time of actual clearing ?

Hi

My question is that when certain goods are imported as free samples to India, can the same be sold locally by charging VAT. Also, what can be done when these goods are received as replacement for already sold products? Will there be any kind of problem either from customs or sales tax if these goods are sold in India now?

Please help.
Thank you.