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
what are the customs duty that will be levied if 100 pcs of memory cards are imported from china @.78usd/piece.
please advise me as i want to start a business for imoprting of memory cards from china.
kunal seal
Dear Sir,
I would like to know whether Import Export Code allotted to me by the Govt of India can be used for Importing plastic scraps from foreign country? The supplier of plastic scraps is asking for Special Import Export Code. Whether there is any requirement to get special Import Export code for this purpose? If yes, How to apply for it?
with regards,
Prasanna Shenoy
I have a doubt in accounting and getting refund.
While exporting local purchased goods (which has excise duty in the bill)how to get refund / claim of the excise duty paid on the goods.
1. Whether ARE1 is to be made (for making invoice without ED)
2. What is form for claim for refund the excise duty paid on purchased goods
3. What is the procedure to obtain the same.
While accounting,
1. How to treat ED paid on traded goods, whether separately or along with CENVAT credit ( as produced goods also there and CENVAT credit is there for existing product)
2. How to reverse the ED if we got refund
3. How much percentage we will get as refund
3
IN CASE WE ARE EXPORTING THE GOODS OUT SIDE INDIA FOR EXPORTING THEN WE SHOULD PAY CUSTOM DUTY YES OR NOT ?
TELL ME CUSTOM DUTY IS APPLICABLE ON EXPORT GOODS YES OR NOT ?
A tyre manufacturing company wants to export truck / bus tyres to bangladesh / nigeria. What are the benefits available under advance authorisation scheme? Can they take benefit of Focus Market Scheme & Focus Product Scheme alongwith advance authorisation scheme.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Customs on export