STARTING IMPORTING BUSINESS
i know import duty of memory card is free but iam importing in bulks for trading in india please tell me what i need
and if suppose i want to operate business from home then i dont have office so can i trade without office and without IEC code
lastly if i want to apply IEC then i need to have registerd company and iec code cant be given for a individual right pleade guide me
i hope best answers and for tablet pc is there any custom

SHOULD I TAKE DEPB LICENCE FOR EACH AND EVERY NEW TRANSACTION OF EXPORT YES OR NOT

MEANS FOR EACH EXPORT TRANSACTION I SHOULD TAKE DEPB LICENCE IF IT IS APPLICATBLE EXPLAIN ME THE CONCEPT OF DEPB LICENCE AND ITS USE

Hi, for the purpose of issuing customs agent licence, customs department asking for solvency certificate. If we approach bank, bank offiial insisting for security, which would be kept with them until we return solvency certficate. Instead of blocking our asset or cash with bank for many years, is there any other way to get solvency certifcate from other department or else? Please help.

Dear sir,
please let me know the followings..

1.The DEPB licence representing the credit to be adjusted towards the Imports components of exports or to be held for sale is to be reated as an asset or saleable item, since if we sale it at 5% discount, then we have to charge VAT & file it in the VAT Return.
so can we show it as a saleable item while in fact it is an asset.
so shud it be transferred to other income or somewhere else?/

please do reply at urgent..
kind regards
abhiram bharat

An EOU Unit which had sourced materials without payment of Customs Duty/Excise Duty has disconitnued its production and had identified a local buyer in India who is not an EOU to sell these raw materials. What are the duties and taxes payable by EOU?

An EOU Unit which had sourced materials without payment of Customs Duty/Excise Duty has disconitnued its production and had identified a local buyer in India who is not an EOU to sell these raw materials. What are the duties and taxes payable by EOU?

what is wharfage charges ? when it incurred? plz explain me with example ?

Dear Experts
Kindly let me know within how many days imported goods are to be used and if any imported items are lying for more than 5 years without use what is the implication

I am working for a packaging company engaged in manufacture of monocartons for pharma and other companies. We had taken various EPCG Licenses for which we have to take benefit of DEEMED EXPORT. Please guide as to what all documents are required to be given by the actual exporter to us or vice-versa. Also guide, what if the actual exporter doesnot give us the requisite documents.

Dear all,

kindly inform me the taxes against which custom duty paid by the assessee can be set off specially for manufacturer importing raw materials and also capital goods.