We are an agricultural commodities export company.
Normally we file shipping bill in USD and take 1% Drawback and 2% Focus Scheme (Total 3%).

One of new contact from IRAN wants to deal in INR. He says he will open LC in INR from / through UCO Bank.

Thus if we do this deal, we have to file shipping bill in INR.

Is that Possible to file shipping bill in INR?
If yes, then can we also claim export incentives as mentioned above for such INR shipping bill shipments? (1% Drawback and 2% Focus)

hi all . One of my clients who was doin import business four years back lost his ic code . He is not doin business from past 4 years . So now he wants to continue his business but ic code is not there . He does not have any document relating to it so that we can know the code and apply duplicate certificate . So whats the procedure . ? Except name of the company we dont have any records .

Sir please tell me how we can get SAFTA Certificate for export in Sri Lanka and also please tell me process for obtain where can we apply.

Do we need the EP copy of shipping bill to close the EPCG license after fulfilling the export obligation?? If yes, is it mandatory to have the license number printed on EP copy of shipping bill??

Dear Nilesh, what is EODC application??

Hi,
One of our shipment get damaged in sea due to some natural hazards. after 5 months ship gets recover completely & now reaching at port. Consignemnt was for cusomers,but as it got damaged we managed to bring replacement & same has been handed over to customer.Now for this damaged one we dont want material we need to send it back to supplier.How we can do with minimum expense.

IF WE ARE SOURCING THE CAPITAL GOODS FROM THE DOMESTIC MARKET UNDER THE EPCG SCHEME AND NOT AVAIL THE CENVAT CREDIT ON THAT CAPITAL GOODS, THEN CAN WE TAKE THE REFUND OF EXCISE DUTY WHICH IS CHARGED BY INDIAN SUPPLIER ON THE CAPITAL GOODS AT THE TIME OF REMOVAL IF....

THE SUPPLIER IS AVAILING THE BENEFIT OF CENVAT CREDIT ON THE INPUTS

THE SUPPLIER IS TAKING THE BENEFIT OF REFUND OF EXCISE DUTY WHICH IS CHARGED BY HIM ON THE CAPITAL GOODS AT THE TIME OF REMOVAL OF CAPITAL GOODS TO EPCG HOLDER UNDER THE DEEMED EXPORT

CAN A MERCHANT EXPORTER TAKE THE BENEFIT OF EPCG SCHEME AS A FULLFILLMENT OF EXPORT OBLIGATION IF THE MANUFACTURER EXPORTER (SUPPORTING MANUFACTURER)IS ALSO THE EPCG AUTHORIZATION HOLDER ?

SUPPOSE XYZ (LUDHIANA) IS A MAUNFACTURER EXPORTER AND ALSO A EPCG AUTHORIZATION HOLDER

ABC (DELHI) IS A MERCHANT EXPORTER AND ALSO A EPCG AUTHOIRIZATION HOLDER

IF XYZ SALES OF GOODS TO ABC AS A MERCHANT EXPORT, THEN IT WILL BE THE MERCHANT EXPORT BY XYZ AND EXPORT OF GOODS BY ABC WILL BE DIRECT EXPORT UNDER THIRD PARTY EXPORT.
IN THIS CASE CAN BOTH COMPANIES XYZ AND ABC TAKE BENEFIT AS FULLFILLMENT OF EXPORT OBLIGATION UNDER EPCG SCHEME BY EXPORT THEM ?
OR EXPORT OBLIGATION WILL BE FULFILLED ONLY MANUFACTURER EXPORTER AND NOT THE MERCHANT EXPORTER ?

plz explain something about section 19 of customs?

Dear sir,

Anybody can explain about High Sea Sales and its payment and its accountning transaction(In which name should i credit these purchases)

Hi, We are exporting goods under drawback scheme and availing the benefit of the same. In Addition to the Drawback, We want to export the goods under rebate by paying the duty on the final products under rule 18 of the central excise rules. Can we do the same or is there any restriction for the same. Pls provide me any recent case law or notification or circular for the same so that we can convince the Supdt. of excise regarding allowance of both the incentives simultaneously.

Regards.
Ram Das Garg.