Anonymous
19 July 2011 at 23:33

Duty on vrla battery 6V 4.5AH

Dear Experts,

I want to import vrla battery from china. I have searched in Sch II chapter 85 but could not find exact amount of duty chargeable for the same. Can you please tell me that what would be exact amount of duty including anti dumping duty assessed with reference to the Custom Act..



Anonymous
19 July 2011 at 15:51

Custom Duty Calculation

We import used machines from Romania, Here is a problem in calculation of Custom Duty. We imported some machines at Purchase invoice of Euro 2500/-, 3000/- & 3500/- for Qty of 1,1,& 2 Nos. but custom duty was calculated by Govt.Officer of Euro 3050/-, 3660/- & 4270/- respectively. Exchange Rate for the day was 1 Euro = INR 64.95,Total Weight was 20500 Kg. Now Please tell me that

1. Why & how Duty was calculated by revised price not according to price of our Invoice?

2. What will be the total amount of custom duty?


Hardik Brahmbhatt

Dear Sir,

Can you give me exact percentage with example for custom duty on HS Code 14011000 on CIF base.


"Basic customs duty is being reduced from 30% to 10% on Bamboo for use in the manufacture of agarbatti (S. No. 28A of Notification No.21/2002-Cus dated 1st March, 2002, as amended by Notification No. 21 /2011-Cus dated the 1st March 2011 refers)"


HEMANT
18 July 2011 at 14:55

rainwater harvestion projects

I import material for using in rainwater harvesting project that is used in recharging water of earth. please tell whether i can avail custom duty exemption on these products. whether exemption available to water purification projects can be availed .Though our project acts to recharge earth with clean water irrespective of its use for human consumption or industrial use.


CA Abhiram Bharat.
15 July 2011 at 15:51

custom records seized--urgent!!!

HELLO EXPERTS,

OUR CLIENTS PURCHASE RECORDS HAVE BEEN SEIZED BY CUSTOM AUTHORITIES.

WE, AS THE AUDITORS, NEED TO EXEMINE THE RECORDS BY OBTAINING THE XEROX COPIES THEREOF.

KINDLY SUGGEST ME AT THE EARLIEAST,, THE FORMAT TO REQUEST THE RECORDS IN XEROX COPIES FROM THE CUSTOM AUTHORITIES.. I KNOW WE HAVE TO MAKE A DESCLAIMER IN OUR REPORT..

KIND REGARDS-

ABHIRAM



Anonymous
15 July 2011 at 13:10

MODVAT against Import Duty - Claim

Dear Sir,

We have just started a new import/export company registered in Mumbai.

Our product is ferrous scrap HS(ITC) 72044900

We confirmed the duty structure from the clearing agent as below:
Custom Duty: Nil
Excise: 10%
Edu Cess: 2%
Addl Edu Cess: 1%
Edu Cess: 2%
Addl Edu Cess: 1%
Addl. Excise: 4%

My apprehension is, when I import the same with above duty structure and sell it to the end user (factory), I have to pass on the excise bill and VAT bill.

Can you please let me know, when the user claims the MODVAT, is he able to claim the entire duty structure (i.e. 10+2+1+2+1+4) or is the MODVAT structure reflects something else?

Please advice urgently so that we can plan our import.

Thank you.

Regards,
Krunal
Mumbai


sweetygurbani
14 July 2011 at 21:12

2gb memory card ship ment in india

hi sir,,,,,,
i bought 250 pcs micro sd memory card of 2 gb and i want send this shpment from dubai to india at ahmedabad gujarat by courier...
i allready asked courier company they told me that i have to pay 20 aed (dirhams) for parcel and abt custom duty they told me that they dont know there is how much duty
so sir plz let me know there is any duty ?
if yes then how much?
m waiting for ur reply
ur faithfully
dk
thanx sir


rakesh jain
14 July 2011 at 16:05

help regarding C&F agent licence

Any body can tell me from where i can get information regarding license of clearing and forwarding agent and what are other legal requirement of getting that like what documents,what qualification,etc.


BHAGYESH RAVANGE
13 July 2011 at 12:46

Bill Of Lading

My question is, whether the Bill Of lading mentioning X as a port of loading can be loaded from the Y port?


Jitendra
13 July 2011 at 11:22

Impact on IEC Code

Dear Sir,

Kindly let us know if we change status of our concern Proprietorship to Partnership, will we need get issue new IEC Code or old one is ok?

Hope to hear from you solution soon.

Thanks & Regards
Jitendra





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