shabbeer
22 May 2011 at 17:23

Mr ramesh

Dear sir,
I hav given one Bank details in my IEC application which is mandatory,now if i make payment from some other bank can i do that.why there are cofusing HS code on memory cards one place its 85235220 as mentioned by u and shown as no duty,another place its 8542120 and duty is 16% which is correect and give me right hs code and duty now.

shabbeer



Anonymous
21 May 2011 at 19:52

DEPB VS Duty Drawback

Dear Sir,

As you aware DEPB scheme will be discontinued by 30th June 2011, now exporter have only option that is Duty Drawback. I would be grateful if you could tell me difference in DEPB and Duty Drawback, also would like to know the difference in benefits for both the schemes which are available for the exporters .

Also I am looking for duty drawback rate schedule.

Look forward for your valuable guidance.



Anonymous

Dear All Kindly confirm us if we have received the raw material under DECC scheme.At the time of export can I avail the facility of DBK or DECC.


kalpesh
19 May 2011 at 18:18

Import Export Code Related

we shifted our corporate/ registered office at new location. And our work/ factory premises is same. We have successfully changed the address in ROC, Excise, Sales Tax, Banks..

Whether is it necessary to amend / intimate/ upgrade any thing in IEC Certificated.
If, yes,,,,,then what procedure is required ?


shabbeer
19 May 2011 at 17:39

Mr sharma

The hs codes are given as hereunder
85423920 and
85421020
also please give details about the payments,should i hav to make payments thru bank here or can my brother make payment on my behalf there in cash.please guide as per law
shabbeer



chandan

sir i want to buy used garments from usa so tell me the rate of custom duty on used garments and it si necessary to have IEC NO for import from overses ?? Amt of Import is Rs 158000.00 so pazl tell me i must hav to IEC NO even my importing amt is nt large it is jusr Rs 158000 and also tell me the shipping charges from usa to delhi plzz asap...........??
For resaling purpose coz 2000 pcs


chandan

sir i want to buy used garments from usa so tell me the rate of custom duty on used garments and it si necessary to have IEC NO for import from overses ?? Amt of Import is Rs 158000.00 so pazl tell me i must hav to IEC NO even my importing amt is nt large it is jusr Rs 158000 and also tell me the shipping charges from usa to delhi plzz asap...........??
For resaling purpose coz 2000 pcs


kartik_somu
19 May 2011 at 12:21

BRC

We have imported and sold to SEZ. The sales has been made in INR.

For claiming Duty drawback we have to submit BRC. Bank officials say BRC can be issued only when remittance is received in FC.

what should i do?


Abhilash chandra
19 May 2011 at 11:35

FEMA

Dear Sir,
One of our clients is selling Italian Tiles in India. Now the supplier (Italian Tiles Co. ) wants to promot their products in India and they have asked our client to promot their products. For this, all expenses like office rent, manpower cost and other admin expenses will be reimbursed by the foreign co. However, they do not want to open any branch/ liasioning office in India.

Now in the above circumstances, can our client receive money from the foreign co.? Do RBI rules permit for this?

Is there any Franchise Agreement kind of thing undedr which RBI may permit the foreign exchange transfer (inwards) ?

Kindly advise me urgently.



Anonymous
19 May 2011 at 10:37

Duty Drawack

We have imported components and sold to SEZ in INR.
We have sold on payment of duty and therefore bill of export is not available.

But we came to know that Bill of export is required for claiming Duty Drawback purposes.

Can anyone answer?

what is bill of export? and is it possible to claim duty drawback in the current case.






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