Hello,
We are a manufacturer-exporter. Just now we have shifted to our new manufacturing plant. We have closed all operations from old plant which was rental premises.
We have with us Factory Stuffing Permission for both plants. We want to surrender Factory Stuffing Permission of old plant.
Is there any specific procedure to surrender the Factory Stuffing Permission.
Please guide us or tell us where we will get said information.
thank you.
India has signed the Free Trade Agreement (FTA) with ASEAN countries to facilitate trade. It provides both countries to allow their importers / exporters to import / export their product under concessional duty or with no duties levied on it.
We manufacture industrial cables for which we require copper, covered under CTH: 7408.22 on which 5% BCD is levied currently. In case it is imported from Vietnam, is there any concession in import duty. Please suggest Customs notification permitting such concession / remission.
Hi,
Please share Total Tax Rate on Import of Steam Sealing Machine to tap rainwear from Taiwan to India.
Thanks a lot in advance.
Regards,
Rakesh Pandya
Hello,
if the shipment terms is C & F, but at the time of filing the shipping bill we do not have the freight charges, is there any way that we can calculate the freight amount on the basis of invoice value? if so how much percent we should consider?
Please help.
Thanks.
f any one can throw some light on certain aspects of indirect tax laws: 1. oil exploration companies are exempted from paying customs duty on toold equipments etc imported for carrying out oil exploration activites as per notification no .21/ 2002- customs dated 1st march 2002. the notification says additional duty leviable as under Section 3(1) of the Customs Tariff Act, 1975. ( which i understand is also known as countervailing duty-CVD) is also exempted. ( my quesiton is if this understanding is correct to the extent that this additional duty is also known as CVD and is it exempted under the said notification) 2. Do oil exploration companies also have to pay special additional duties ( as under Section 3A of the Customs Tariff Act) and is this also exempted under the said notification. also Section 3A which provided for such special additional duties has been omitted?. So is it still leviable for any company given that this section has been omitted.
Can some brilliant expert kindly reply at the earliest as I have never understood indirect taxes ( being a lawyer) and my job depends on getting answers to these questions . If i dont get answers, it is most likely that i will be fired.
Read more at: https://www.caclubindia.com/forum/customs-duties-for-oil-exploration-226283.asp#.UJOkam-oztA
we had misplace somewhere our Advance authorisation lic orginal copy during process of export verfication. kindly provide the Solution to this problem. DGFT is demanding the original one during process of redemtion.
please advice
Can any one describe the procedures / methods for Declaration of MRP for IMPORT Items. What are the goods needs MRP declaration.
We are importing Quarts Clock from china regulary.
Please give me the instructions....
i have imported some electronic goods in bulk quantity, material got rejected and exported back and applied duty refund under sec 74 of customs act.
customs rejected refund on below reasons
1. identity not estabished with serial numbers. ( not possible as serial number not endorsed/ given in import bill of entry but estabished with part number ,which is common for all items)
2. No speaking order issued by customs allowing drawbackbefore exports as per guidelines of cbec vide circulr no. 46/2011.
Can someone help
Dear all,
I would like to know, i have refund claim at customs, the bill of entires are finally assessed and paid duty and cleared. Re assessment of B.E under sec 128 is not possible as it is time barred.
Is reassessment esential for getting refund for finally assessed B/E?
can anyone update wayout for getting refund?
CAN ANYBODY TELL ME ABOUT THE PROVISION ON LATE PAYMENT OF CUSTOM DUTY IN CASE OF IMPORT.
1. WHAT IS THE DUE DATE OF PAYMANT OF CUSTOM DUTY IN CASE OF IMPORT?
2. AT WHAT RATE INTEREST ON LATE PAYMENT OF CUSTOM DUTY IN CASE OF IMPORT WILL BE CHARGED?
3. IS THERE ANY SEPERATE PROVISION FOR GOODS AT "ICD"?
4. WHETHER DATE OF PAYMENT OF DUTY IS ALSO TO BE INCLUDED OR NOT WHEN LATE PAYMENT IS BEING MADE?
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Surrender of factory stuffing permission