Hi
We intend to buy software / License (non-shippable Item) from overseas companies.
Do we have to pay customs duties if the licenses key are fulfilled through email?
do we still have to deduct TDS if it comes through customs?
if we pay both isn't it a dual tax.
Pls advise,
Thanks
Navin
Hi Experts,
Our buyer rejected our consignment.And he regret re work at destination. So we have only one option .
To bring back that item and send it back after re-work.
1) if i import that item duty is applicable?
2) When i am sending after re work is there any new shipping bill filed?
3) First shipping bill how can i close?
PLease give me a brief details on this criteria.
There is company which obtains raw materials from outside India (Country A) and exports the finished products to other countries (Country C).
In between, the company sends finished products to country B for testing purpose and gets them back to India after testing.
Now the doubt is, what is the treatment for this re-importation of tested finished products ?
What are the applicable Customs provisions ? Is the import duty required to pay ?
X Ltd got MEIS scrips from an SEZ port (non-EDI port, say INALF1). Y Ltd buys the said scrips from X Ltd to use it against an import.
Y Ltd got the TRA (telegraphic release advice) in its name and the same is registered in a EDI port (say INCOK1). However, the Y Ltd could not utilise the said scrips and wants to now sell it to ABC LTD.
What is process by which Y LTD can sell the scrip to ABC LTD? How can Y LTD get a TRA issued in favour of ABC LTD from a EDI port (INCOK1)?
Importer imported a machine and send back within 3 months for repairs this machine repairing cost is Rs. 10 lakhs and freight charge Rs. 2 lakh but machine under warranty period so no amount charge from Importer. However, Supplier from outside India sent a machine to importer for Temporary use for the period upto repairing of original machine, which having value of Rs. 55 Lakhs
Is Custom duty is applicable on Temporary machine or repairing value
Dear sir,
In one import consignment I have late submitted my import evidence to bank as I have received import documents late in turn late clearing of goods and late submission of the import evidence. I would like to know whether there is any penalty for late submission ( after three months of remittance ) of import evidence to bank after import of goods. if yes how much it is ?
Dear Experts
Please guide under which act and section Maharastra Govt. is collecting Stamp duty at the time of import via Nahava Seva port.
Regards
Rubul
Can anyone tell me the process of Port Registration in order to claim SEIS Benefit.
Which port we should register and what are the procedural aspects with respect to that.
Dear Sir/Madam,
Please help to solve following
We import material from "A" supplier but at the time file Bill of Entry customs file on "B" name of supplier
Now our query is we had Paid advance to "A" and we get BOE in the name of "B", so how we can able to make payment to "A" and close BOE in IDPMS bank record
I hope understand my query
Thanks in advance
Nilesh
dear sir
My query is Is it mandatory to file 3years ITR
for feeding A D CODE IN CUSTOMS PORT COMPUTER.IF 3YRS ITR NOT AVAILABLE ,WHAT SHOULD AN EXPORTER/PROSPECTIVE EXPORTER SHOULD DO BUSINESS ;PARTICULARLY IN PERISHABLE GOODS LIKE VEG AND FRESH FRUITS .
Customs duty on Software / License - Non-shippable.