Dear Sir/ Mam,

Please informe me for IFC code no validity period,
I am working with NGO, and in 2000 We have imported Laptop from Newyork as a gift obtaning IFC code no. my question is IFC CODE (0100000053) OBTAINED IN 2000 is valied till now and getting new product from that.
Please help us . this is urgent


Regards,
R.S.Choudhary

Hello sir,

We are about to export out of india in this relation wants information whether invoicing of the product can be done at the rate less then the purchase cost?

Whether such transaction of under invoicing is possible or allowed in export? Whether income tax also approved such transaction in case of any scrutiny by income tax department?

My client is an exporter & he recd. freight charges from byuer , but this freight has not been added in shipping bill & Invoice . So how to treat this reimbursment of freight charges in our BoA ?? Bcoz its credit balance standing in client's BoA in that Buyer's account ??

Dear All,

When a Machinery purchased under EPCG Scheme can we transfer it to our group companies. Is there any provision to do the same.

Please clarify.

Thanks & Regards,

N.Nagarajan
Mobile No: 9751750588

I need to apply for IEC Code.
I needed to know whether the application needs to be signed by the directors only of any other person of the company like the vice president can sign the same.
Can I make the EFT payment from any other bank account not of the company
Should i go for online procedure or offline.

Please help.....

What is the difference of duty drawback under Customs act and Foreign Trade Policy


Thanks & Regards
Kvl.kumar
7396896411

Can any one please tell me export benefits under chapeter-3 of the Foreign Trade Policy.

Dear Sir,

as per new notification from 01.03.2012 nepal export count as regular export like all overseas country ( rest of bhutan ).

my question is can we avail benifit of duty drawback now ?

if yes so what is the notification.

regards
Mahesh

Dear Sir,


Please clarify whether machinery imported against EPCG can be sold / transferred without taking EODC but after completion of Export Obligation.

For instance, machinery was imported in year 2004 against EPCG license and its export obligation was fulfilled in 2007 but its EODC was not taken and then sold.

Will be grateful if you can confirm the following:
Basis of import duty. If the MRP is printed on the bottle, could the customs charge duty on MRP?

The total incidence of duty on olive oil - including cvd etc.

Thanks, regards,
Sanjay S Sakalley