Dear Sirs,

Can you tell us the monetory , non-monetory benefits on Export of goods gives RBI / FEMA Act.

We are Status holder Exporter.

Now, We are using Forward Contract Facility from Bank.

What will be other facilities and what care should be take to avoid foreign Exchange Rate fluctuations?

If we have obtained the license EPCG License on 2005 and DGFT has fixed our annual Export Obligation was 1 Cr. at Condition Sheet but in 2006-2007 Our Export was only 32 Lakhs so what we need to give the penalty or what we need to do in this case.

I want to supply some goods outside the state but the payment will come from abroad. The company to whom I will supply the goods will not account the same as purchase from me as the payment is coming from abroad. Also, the company will not issue any C forms to me. Please advise the sales tax, excise and fema implication

Hello sir,
I'm fayyaz, i would like to import memory cards from China. 100 $ is it's payment. With shipping charge. Fright through DEL. Pls tell me how much cash will want to pay for delivery it in here..?
Pls tell me detail information :-)

Regards,
Fayyaz

Sir,
A Company has purchased a machinery under EPCG Scheme but still not installed. Now a new Company B is formed and it is going to purchase the Assets of A company. on enquiry it is being infomed that we should surrender the license and pay the duty amount with intrest and should come out of EPCG scheme

Is there any other method to transfer the EPCG license to the new company B since all the assets are purchased from A company. Kindly clarify and any other procedure to be followed.

Thanking you,

N.Nagarajan
Palani, Tamilnadu
M.No: 09442594927

Dear sir,
we got export order to Dubai.WE are a trading company in Karala.we are planning to purchase good from Mumbai and sent form their it self , in order to reduce transportation cost. We have following doubt .
1. Can we get any export incentive from government for the export sale.
2. If yes ,what are the document requires for getting the benefit and authority for submitting this document .
kindly help us

We are exporting Motor Vehicle Parts under CH. Code 87089900 to S.Africa, Germany, US, Brazil etc.

Presently, we are availing DBK, EPCG and MLFPS Export incetives.

What we avail except abovementioned incentives for Export?

want to know about ABC of custom bonding

meaning..
necessity of custom bonding..
procedure and documentation...

please help...

thanks in advance

I have one doubt.
A company have been purchasing a raw material from outside kerala.(interstate purchase)
Now they have got tied up with a foreign supplier.
A shipment of goods (raw material) is 15000 tonnes.
but company don't require that much quantity, say need only 7000 tonnes.
The balance 8000 tonne they want to sell.
the questions are:-
1) Whether they can sell raw material?
2) if can sell, whether high sea sales is the option?
3) if can sell - high sea sales, whether they have to sell to one single party, or can sell to many parties?
4) whether the co. have to account for the full quantity as purchase?
5) How sale of raw material to be accounted?(balance of 8000 tonnes) whether it will form part of sale of finished goods? or to be shown as high sea sales under other income
6) whether VAT is to be collected on the balance quantity sold, on high sea sales? or whether will be treated as E1 sales, if sold to another state?
7) whether customs duty on full quantity have to be paid by the company?
hope someone can help me.
regards
Muraleekrishnan.A.K. FCA
cochin.

Dear All

I am importing stainless steel from thailand to nhava sheva port, india.This shipment after landing indian custom area , I Will move this shipment of stainless steel to another country which is germany , so my quetion is how cleared that third party export through indian customs,pls suggest any notification for this type of shipment or procedure how will it clear through indian customs.