Dear Sir,

We are just going to start the import of some scrap material.

Is it true that SAD acts as VAT when the entire excise bill is passed on to the manufacturer.

I mean, do I have to pass on the SAD also to the manufacturer and I don't have to apply the VAT.

Or I have to apply the VAT to the manufacturer and also pass on the 4% SAD to the manufacturer.

Also I got to know the broken information that 4% SAD is refundable to the traders quarterly or anually.

Please explain, its urgent.

Thank you very much in advance.

Regards,

Hello! Sir,

Can you please tell me what is the prevailing custom duty (structure) on the below item:

1. 7204 49 00 - Ferrous scrap and others.
Till March 31, 2011 it was NIL against a custom notification no. 21/2002 - Serial No. 200. But I am not able to find the new custom rates for the same.

2. Shower and Shower Panels - I tried to find the HS code a lot, but couldn't find it, therefore I could not get the perfect custom duty (structure) for the same.

* Structure means:
Custom Duty:
Excise (CVD):
Edu Cess:
Addl Edu Cess:
Edu Cess:
Addl Edu Cess:
Sp. Addl Duty (SAD):

Kindly let me know the same.

Thank you in advance.

Regards,

Dear ALL,
Kndly help with the below queries.....
i am importing goods in india, paying all duties, clearing the goods under my IEC.

1) Now, can i directly dispatch that goods from port to more than one buyer in india, without high Seas.

2)What are the documents to be used.

3) Customs & Excise procedure to be followed.

Dear Experts,

I am working in the private limited company being a registered STPI unit in Pune. Since Nov-2010 till June-2011 (8 Months) we have not submitted the Monthly softex forms to STPI Pune. But we have filed all the monthly progress report with STPI pune.

Could you please let me know the procedure for late submission of the softex forms?

Please reply at the earliest.

Thanks,
- Rahul

Dear All
Good morning
If any one have any file or article about letter of credit ,it's kinds , which kind of letter of credit will be beneficial for us .

Please share it with us .

Thanking you

Hello sir/mam,
My client purchases cotton fabrics and stich it as pillow covers and export to sweden....... Is he liable to pay Customs Duty or is any exemption exist?????? He has received duty draw back at the rate in draw back schedule under item No.5209......
Am confused bec his books does not show any duty paid and as per Sec 74 to 76 Drawback is only on Imported goods used or resold or any ED paid in manufacture na???????? Kindly clarify........

I want to open bank account for claiming duty drawback.What is the procedure & what documents require for this & where it will be opened? Please give the answer as soon as possible and it will be great help to me.

Can an exporter take benefits of Focus Market Scheme & Focus Product Scheme even after taking the benefits either under advance authorisation scheme or DEPB scheme. Incase so, can both these benefits be taken simultaneously or only one can be taken at a time i.e. focus market scheme ( incase the destination is included in the list of countries ) or focus product scheme ( incase the product is included in the list ).

DEAR SIR,

A Solar Water Heater Manufacturer imports from China "Vaccume Tube Solar Collector" ( solar glass tubes) & pays 10% Basic Import Duty & also 4% SAD. He uses this solar glass tubes in the manufacture of Solar Water Heater as a part of the Heater. HSN Code of this imported Solar Glass Tube is 85439000. He sells this Solar Water Heaters are then sold in India. This Solar Water Heater is exempted from excise. So my question is (1) Can he claim refund of $% SAD paid by him on import of Solar Glass Tubes ? (2) Can he get refund of 10% Basic Import Duty paid on import ?

thanks in advance.
anckoora.

we have to sale our software out of India.
& the software will be carried by our employee who will implement this. what will be the tax treatment and how it will get clearence from Custom

Place of Sale Katmandu & Bhutan

waiting for your reply