We have recd one advance payment and we have taken FIRC from the bank. While doing the export shipment we have used another bank. We have clear the documents with the bank with shipping bill, invoice etc and the FIRC. Now issuing bank is asking us when documents has been submitted to another bank, covering letter and all other details. Please tell me what is the correct way. Why FIRC issuing bank is asking us the details of other bank.
Can a importer take Advance license and import it's inputs from Port A and export the product in Adv license (to meet export obligation) from Port B sourcing from another manufacturer? The input and exported product being the same as given in license. If yes what are the formalities to be followed?
We have depb license of Nepal export.
now we want to use that license in import so where can i register my depb license.
shipping bill field at Nepal check post.
Kindly advise.
A society registered under the FCRA wants to import hospital equipment and furniture..
How can it claim exemption from the import duty ?
Dear Sir,
We import the hardware mainly from Taiwan and sell to customers along with the software that we have developed.
There are broadly 3 kind of tracking hardware:
(1) Trackers used for vehicle tracking and fleet management: They have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. It also has audio capabilities to be able to speak to the driver.
(2) Trackers used for personal tracking: They also have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. It also has audio capabilities to be able to speak to the child or the person having the tracker on him
(3) Trackers used for tracking of ships / aeroplanes: They also have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. They also have an Iridium module so that if cellular coverage is not available they can transmit the data via the Iridium network.
I seek your help in the following:
(1) Under what HS Code should the above items come and what should be the custom duty on them?
(2) Would the import of the above trackers be restricted?
Thanks for your answer
Dear Sir,
The goods is in transit under the terms of CIF Import. This is our purchase from outside India. Can we make provision of Goods in transit of CIF consignment at the time of closing of books as on 31.3.?
Please revert
Hi,
We have one Shipment in chennai port , we don't have IEC and it is under process.
We have dummy IEC .
In this situation
1. Can we sent back that shipment to supplier.
2. can we re export (sales ) to other country.
Hi.
Could you please tell me what is the import duty on corrugated boxes, paper boxes imported from China to India.
Also let me know any important things to be taken care of while importing from china or any duty drawbacks etc.
thanks
ashwin
awinon@rediffmail.com
Please Any one can help me about custom duty on usb flash drive in india !
I am from China . One of my indian Customer wants to Import usb flash drive from China to India.
He wants to know about custom duty on usb flash drive in India.
Product Name: usb flash drive 4GB
H.S. Code: 85235290
Total Quantity: 5000 pcs
CIF Mumbai price : 17.85 Rupees/ pcs ( In Invoice)
Please tell me total Custom duty will be how much in India.
Please send me an email for this.
Thanks and Regards
Dr. Russel
REDRA BUSINESS CO., LIMITED
redratech@yahoo.com
Mobile: +86 15915818045
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