we have imported a machine
of Rs. 100000 with consumales
of Rs. 10000. we paid the custom duty of
10.3% with additional duty of 4%.

Now the value of consumables is actually Rs. 30000. And the rate of i have heard is
around 26%.

What to do? What will be the impact of
Modified invoice?

Dear All,

My Company is importing certain goods on behalf of our client.Client issuing us the "Project Authority Certificate" to avail benefit of concessional rate of duty.My company has subcontrated this job to another co.My query is
(1) whether we have to also separtely issue Project Authority Certificate to our subcontractors? If Yes, then who is authorised to issue?
(2) whther this transaction will amount to Sale in transit under Sales tax act?

Please reply as early as possible.

sir as per your suggetion i have read whole pdf file. in that file it is written that as per Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods)Rules, 1996. you have to take registration from AC/DC of excise.

I have already excise number. so is this registration is over and above excise registration(ECC No.).
if yes than kindly link format of application which i have to submit to AC/DC

DEAR SIR,

CAN ANYBODY EXPLAIN THE VALUATION METHOD OF CUSTOMS DUTY.


REGDS

SHYAMLAL.K

Is there any increase in basic exemption limit of excise from 150 lakhs to 3 crores and if yes from which date it is applicable
Help me out its urgent

Thanking you

i wish to purchase a mobile from abroad..please help me in calculating the duty that i'll be required to pay...

We are a manufacturer-exporter.
We want to import some tools to manufactur our export product. These tools will be used by our vendor on their machine to produce our product which we will export.
Can we import these tools under EPCG scheme? We can complete export obligation in time.

If not please suggest suitable measure to save import duty.

Sir,
we are sending A Export of White Master Batches So can we give the reference No. of recently filled License E-Com Application on Shipping Bill.

DEAR SIR,


WE ARE IMPORTER OF HEAVY MELTING MILD STEEL SCRAP.WE HAVE BEEN IMPORTING HMS @350 $ PER TON(AS PER SUPPLIERS INVOICE)BUT THE CUSTOMS DUTY IS CALCULATED ON 490$ NOW WE NEED TO DOWN LOAD 8FA FROM SALES TAX SITE AND WANT TO SPECIFY THE VALUE ON 8FA.THEN HOW CAN WE CALCULATE THE VALUE.IF U ADVICE ME TO CALCULATE ON THE BASIS OF CUSTOMS VALUE(ON BILL OF ENTRY)THEN HOW CAN I TALLY THE SUPPLIERS LEDGER WITH OUR LEDGER.NOW SALES TAX AUTHORITY(CHECK POST)FORCING US TO CALCULATE ON THE BASIS OF BILL OF ENTRY VALUE ie.490+DUTY+FREIGHT. CAN ANYBODY GIVE THE CORRECT GUIDELINES.

please guide me benefits of EEFC account for exporter and also explain how is it work? i am new in export business.