Hi, I've registered office in Andhra Pradesh and administration/development center in Bangalore for my software company. Now, I would like to apply for Importer Emporter Code. Regarding this, I've 2 queries
1)Whether I need to mention my admin/dev center in Bangalore as branch office or not.
2)Since I don't have internet banking with any of the banks listed in DGFT website can I use my friend's internet account to make a payment during filing of IEC application in online?
Thanks in advance.

with rgds,
Prasad

We are a Company and wants to Import 100 Laptop from USA. How much will be the duty (Basic + CVD +Special CVD +Higher Educ Cess)

Hi

I have import a material six months back and now this material is got defective and supplier is ready to supply new piece FOC against the same, so pls. confirm, will i have to pay customs duty in this case

Vikram

For an exporter what should be the proper accounting treatment of dutydrawback at the time of claiming and at the time of receving the drawback.

It is a continuous process ie transactions are on frequent basis.

MY COMPANY HAVE ONE IE CODE AT OUR CALICUT OFFICE ADDRESS.NOW WE STARTED A BRANCH AT BANGALORE & COIMBATORE. IS WE NEED TO TAKE NEW IE CODE FOR NEW BRANCHES? IS THERE ANY OTHER OPTIONS TO USE SAME IE CODE FOR OUR BRANCHES

THANK YOU

A is the third party manufacture
B is the exporter
Shipping Bill filed in the name of B & the value declared by the B is high from the A

Kolkatta deputy commissioner has allow for provission shipping bill at the time of export.

So, now to get the all refunds like DEPB, Rebate we need to have final EP Copies of shipping bills.

But DC has expression their views to meet unofficially.

So, would anybody pl. act that why the DC has allow the same for provisional & pl. send me if any case laws about this.

He may ask for some money as huge DEPB value but will not pay the same

I wanted to know how much duty I would have to pay when I'm directly importing finished LED Products from china & also duty on LED light fittings/fixture/shell from china.

Dear friends / Experts,
I need amendments of Indirect Tax that are applicable for november 2011. i.e. from (1-11-2010 to 30-04-2011). If anyone have such prescribe amendments of Indirect Tax than plz e mail me or attach such file with above forum.

carakesh.sharma@yahoo.com

Thanks

Rakesh kumar

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,