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?

Let us suppose
A Ltd is in Excise Zone but B Ltd is in non Excise Zone
A Ltd sold goods to B Ltd
A Ltd issued excisable invoice and that goods now rejected by B Ltd and issued sales return invoice and excise not charge on that sales return invoice.
now please suggest me, is cenvat credit available for A ltd or not on sales return, with case and rule..........

in the last week one of raw material of our co. is imported from Indonesia which is having exemption for Asia approx 4.5% So actural custom should be paid only 3% instead of 7.5% But unfortunately beacuse lack of communication we have paid 7.5% custom duty. Now shipment is cleared and recd at our end. But can we apply for refund of duty as exemption is clearly mentioned on Certificate of origin. pls guide immediately.

Sir we are import milking machinery item and paid additional duty (sad) and we are assemble that part and sold milking machinery in local market
milking machinery item exempt in excise dept so we can take refund sad amt or not?