Dear Sir,

I am working for a Research Based Fully Autonomous Institute coming directly under the Ministry of Earth Sciences,Govt of India.We are eligible for custom duty exemption as per Notification No: 51/1996.This notification provides exemption/concessional duty for various goods imported by Research institutions,Public Funded Universities,IIT etc., for their research purposes.Currently, we are paying basic custom duty 5% and Special Additional Duty @4% plus cess.

PLS LET US KNOW/CONFIRM WHETHER WE ARE ELIGIBLE FOR EXEMPTION OF SAD 4%.IF YES,CAN WE APPLY FOR THE DRAWBACK AND THE TIME LIMIT ELIGIBLE FOR DRAW BACK.

Would be thankful for an immediate reply.
Regards,
FRANCIS
email:francisssf@yahoo.co.in

Dear Experts,

Pl. tell me how much export fee per case(Box) is charged on alchohal while the case is transferring from Ambala(Haryana) to Delhi,

I have conflick of confirmaion that it is Rs. 1.65 per cases
Pl specify me.

Thanxx..

Please let us know the formalities on Customs/Excise and Sales tax to be complied with by a 100% EOU for Sales of its plant and machineires imported without payment of duty to a another customer in India.
What precautions should be taken by the purchaser on such cases?

Hi,

Can anyone let me know how to journalise the entry related to puchase from outside the country? Suppose invoice is for 4000 USD but bills of entry shows:
Basic value 225000
BCD 20000
CVD 22500
Edu cess on CVD 4500
S&h Edu on CVD 2250
Add. duty 10000
Exchange rate on the bill of entry 1USD=45 INR.
By what amount purchase should be debited...
225000+20000 or
4000*45+20000.
Please clear my doubt if anyone know...
Thanks

in case of export sale,whether sale should be recorded on shipment date (date of let export order)or ex-factory date (date on which goods move from factory)?

further if there is any discount ( termed in books as settlement discount) on sale to foreign party, whether sale should be booked at gross inflow (i.e. sale price including discount value ) or net inflow (i.e, sale value less discount).
please reply.

Dear Sir,
We want to know complete costume duty at present with example for importing Bamboo Sticks (HS.Code 1401) which is used to make incense sticks.

Hardik

I would like to know what are the rules for picking up the e-waste from STPI unit and how old should be the electronic euipment ie computers ,Laptop etc all IT equipments.
Because as we are helping in removing the hazardous waste from india but due to some rules we have to pay heavy price.
Kindly help

If A(SEZ) import from B(foreign), whether A need to pay import duty or not.

If C(Indian CO.) import from B(foreign), and A(SEZ) purchase from C, whether C needs to pay import duty to clear the goods.

Pls advise

is any benefit to central sales tax in export unit . if yes then explain .

WE ARE IMPORTING THE MATERIAL FROM ITALY ON DDP BASIS.

CAN WE PAY THE DUTY FOR CLEARANCE OF THE CONSIGNMENT?