Dear Sir / Madam,

In aug-2020 exports have been made with IGST by us from JNPT, but by oversight in GSTR-1 shown it as letter of undertaking, during month of Sept-2020 error has been rectified through table 6A and the system also accepted but till today we could not get the refund of IGST. We enquired at ICEGATE, book the ticket but they are telling us that first scroll have to generate from customs and only than after refund can be release. contact made at JNPT over call and mail but could not get the result. Please guide us what we have to do for the IGST refund.
Thanks

hello there,

please guide me through this query...

We run a Private Limited Company (Partnership) and as the business is growing we want to expand the business but there is a space constraint in our exiting unit so there is no option but to budge to a new location.

Now there are two options :-

1) To Form a company on new land with New name

pros - All new companies formed after oct 2019 come under new tax Slab ie 15% (currently we are 25%) also we can go through Subsidy

cons - but we have to bring up capital from our own pockets

2) To Form a company on new land by starting the new unit under exiting pvt company

Pros - The exiting plant can sponsor the new unit thus it will show up in expenses of balance sheet hence save tax

Cons - We cannot apply for any subsidy also we would still remain under 25% slab

i want solution wherein we can undergo subsidy come below 15% slab also the funds can be sponsored by the exiting unit

thanking in advance !!

For filling of gst refund on export of goods,igm ref & date required. can I get all igm numbers iec wise for a finacial year.I can derive manualy only one by one. Can i get wholl quickly

Please suggest, we have import goods through FedEx from China. Payment made to our china client.Client give the shipment to there courier agent. FedEx file BOE on the name of courier agent. Now Indian bank reject BRC. 

Dear Professionals,

Our Company has received Import Invoice for purchase of Dies from UAE. Here the Dies are not physically imported in India but are supplied to Extrusion Plant in UAE. Extrusion plant is of same company from where the dies are made. In future as well those dies will not come to India and will be utilised fully in UAE.

What is the GST and Customs implications for the above in Accounting ?

Dear All,

I need your help to find out guidelines, if any, issued by Customs about the documents required and process to be followed for finalisation of project import.

Pl. advise

we have done export from last few months but we are not receiving duty drawback automatically in our bank account.

Please let me know the procedure to claim duty drawback from customs department.

Please provide draft letter if possible.

our company is importing Raw material from out of india under high seas purchase. the party (indian) clearing the goods and levy his commission and issue invoice in his name with commission on material value. commission is not shown separately in invoice but added to material value and custom dept had levied duty on total value i.e. material value and commission (which is added to material value). i want to ask that whether duty is applicable on commission also ???

Hello,

Can anyone please provide the format for 'Self-attested scanned copy of Authorised Letter ' in ICEGATE registration documentation same as IEC certificate?

Thank you.

SIRS
ONE OF OUR CLIENT IMPORTED CAPITAL GOODS UNDER EPCG SCHEME. DUE TO GLOBAL ECONOMIC CRISIS AND COVID PANDEMIC, UNABLE TO ACHIEVE THE EXPORT TURNOVER AS REQUIRED FOR EXPORT OBLIGATION FULFILLMENT WITHIN THE PERIOD SPECIFIED IN THE EPCG LICENCE. THE EXPORT OBLIGATION PERIOD IS 6 YEARS. PLEASE LET ME KNOW EXTENSION OF THE PERIOD FURTHER MORE YEARS TO FULFILL THE EXPORT OBLIGATION AND HOW TO APPLY THE SAME WITH DGFT AUTHORITIES.
REGARDS
S. RAVICHANDRAN