CA Kavita Patil
18 August 2010 at 11:39

Duty drawback.. Its urgent


Dear Expert,

We are the trading concern where we are exporting the imported materials related to swimming pool & Life style products, components & technologies.
Duty drawback can be claimed or not on these materials?
Is there any restriction for the products or the country for availing duty drawback??

Pl guide
Thanks & Regards,
Kavita Patil


Swatantra Singh Bhatia

We have bought some items in Germany and instructed our supplier to deliver these items to our Indian Customer in Germany. Indian Customer imports it directly without mentioning our company in Airway Bill or shipping documents.
We receive peyment in INR in India from Indian Customer and make payment in EURO to Germany Supplier.
Is it classified as high sea sale?
What documents do we need to produce to the Bank to make the payment to our supplier (A1 or A2)?
What kind of Sale Invoice will be generated?
How will it be declared in Sales Tax Returns for Sale and Purchase?


VINODH N T
13 August 2010 at 09:38

EPCG LICENCE

We have made certain exports under EPCG LICENCE DURING 2007-08. Unfortunately in certain exports, EPCG LICENCE REF. HAS NOT BEEN STATED IN THE SHIPPING BILL. We have seen the same only when we are about to file the redemption. Is it possible to apply for condonation in case we have not stated the same in the shipping bill.

REGARDS
N T VINODH
CA 211691


Gaurav Sharma
10 August 2010 at 18:16

Additional Duty

Dear Members,

pls tell me what is the procedure to claim 4% additional duty.

pls expalin me breifly.what are doc. required???
waiting for rply
Regards

Gaurav Sharma


AMIN M KESHWANI
09 August 2010 at 17:15

iec number

A partnership firm has recently formed a partnership deed duly notarised. The nature of business mentioned in the deed is manufacturing of AC parts, ventilation and heating parts.

I want to apply for IEC no.
Can i opt for 'merchant exporter' and get the IEc no.? This is bec if i opt for 'merchant cum manufacturer exporter' or 'only manufacturer exporter', then customs dept will ask for SSI exemption certificate.

Regards
Amin keshwani


Ganesh Havaldher
09 August 2010 at 15:34

GR Wavier for Export Repacement

Dear Experts,
What is the maximum value allowed as per the RBI Rules for Export Replacement through GR Wavier letter. Is there any reference of Notification?


AMIN M KESHWANI
09 August 2010 at 15:18

customs duty refund

Can customs duty paid by exporter on finished goods produced by them after purchasing raw materials locally, be refunded or will it become its expense?

My email id is get2amin@rediffmail.com
Regards
Amin



Anonymous
09 August 2010 at 11:56

Furniture Import

Dear Experts,

I would like to purchase some furnitures from indonesia for my home. Do let me know the proceedures for that. Is that possible to purchase as an individual without IE code.


AMIN M KESHWANI
08 August 2010 at 22:56

benefits to exporter

A partnership firm has started the buss of manufacturing metal sheets (AC parts, heating equipments, etc)

The firm will be purchasing raw materials from Maharashtra and exporting the finished product.

The firm has already taken VAT registration. The firm will apply for IEC code.
What other benefits will be enjoyed by the firm with respect to customs and excise.

Further, pl let me know about various registrations required by the firm to enjoy the benefits and also the customs and excise duty rate.

Regards
Amin Keshwani




VARUN.C.DAS
04 August 2010 at 11:24

Bank certificate for export realisation

Dear ALL,
My company is exporting Leather. for that we have to file BANK CERTIFICATE FOR EXPORT REALISATION.But the compant not filed any thing to the customs dpt.in the last five year.so we got a shocause notice from the customs dpt.i am ew comer i don't know the customs an d things i prepared/collected all the things Exept FOB & date of realisation of export proceeds i have bank advice from that i collect the net realised amount for FOB calculation FOB=[(Net realisation * con rate at ealisation rate)-insurence-Frieght)is it right No. bank advice is noot available can i calulate FOB from any other file? pls Help





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