Who is eligible to avail the benefits of the Project Import(Project Import Regulations, l986)?i.e only main-contractor or its vendor or even its sub-vendor.
dear sir yesterday i went to bank for the realisation of brc, but the paper that was submitted before, in that paper 85% of invoice value was shown. now it is creating problem in realization of brc. (because of some mistake). so now give me the suggestion regarding that now i show the invoice value 85% or 100% which one is correct.please give me suggestion.and send me new Bank Realisation Certificate.
Service charges paid for procurement of EPCG License - (for machinery which is to be Imported under EPCG License)
Whether such type of Service charges can be capitalized
we have received the Mixed opinion from experts - thus required few more opinion on the subject
We have imported Cardiac Cathetor from Moresius by DHL, on arrival to Delhi Air cargo DHL has filled Bill of entry by it self without asking or permission from us with awrong classification as renal cathetor,still matterial is at cargo and duty is not paid by us but we have to pay at higher rate 5+5% instead of 5%, As per DHL Bill of Entry can not be corrected ...What to do ??
Whether CENVAT credit on additional duty (4%) paid on capital goods can be claimed at 100% or 50% along with a reference case law and notification number
Hi
My client Mr.X has imported goods from China. He has made payment against Proforma Invoice value USD 280. Material value USD200 and Freight USD 80.
He has received the goods by courier but the Commercial Invoice value is stated at USD130.
The Commercial Invoice does not mention any freight charge of USD 80.
In courier BOE Duty is paid on USD130.
Now my client wants to know how to account this transaction i.e. (USD280-USD130)USD150
Do we need to pay custom duty for the difference amount of USD150.
Please suggest what can be done for this transaction.
Regards,
Raghavendra.S
Hi
I need to know that if any changes are made in warehouse register (B-17) with respect to duty forgone amount or any other details in the register, are there any requirments to get them certified. What are the legal requirments regarding maintainance and updation of warehouse register(which is maintained for imports)
Can anyone help me to understand the proceedure of returning back material to Vendor procured in an EHTP set up
Thanks
Ours is an COCONUT FIBRE EXPORT CO.
and regularly exporting COCONUT FIBE.
Pls this product is elgigble for the additional benifits given by the DGFT
and under which H.S Code.
Thanks for early adv.
SOMKUMAR
ROYALS EXPORTS
An Company has taken a SFIS license (on services export) from DGFT which can be utilised for payment of Customs duty. Can anyone clarify whether it can be used for Payment of customs duty on other business segment(manufacturing) of that company only ?
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Clarification regarding project import