Hi,
A partnership deed is formed and duly notarised in july,2010 having 4 partners, all of indian origin.
Out of the above, 2 partners are NRI.
I want to take import export license as they will be manufacturing and exporting AC parts.

Do i have to obtain RBI's permission for NRI partners before applying for IEC code?
OR is there a general permission given by RBI for the same.

Regards
Amin Keshwani

suppose some goods has been purchased from china 1000 psc of 10$,out of which 3$ is towards advance payment trfd from indian bank @47 &remaining 7$ @48 how would i record in terms of INR ?

Dear sir,

We are importing goods which has been classifed under chapter 61 & 62 without packing. I need clarification,whether the Additional Duty is exempted or applicable for us.

Notificaion No 29/2010- customs

S. No 1 - Any chapter - only for prepacked goods-

S.No 2 Chapter 61 & 62- for "all goods"
Regards
Pushpavalli

What is the purpose of Chartered Party Agreement which is the part shipping Docs.

whether it is require to submit the same to custom authorities to process of final assessment of import in custm???

If the item purchased received in India after certain no of years (Say 2 Years). Then what will be the assessable value?

1) CIF + Landing Cost – Depreciation for 2 years
2) CIF + Landing cost
3) CIF + Landing cost OR fair value whichever is higher
4) Or none of the above

sir wht is DEMURRAGE charges cn u explain me in a simple example

Hi

What are the compliances, requirements and procedure under customs and income tax act for the import of second hand machinery?

Thanks

Hello everyone,
I have to prepare the application for refund of additional Duty @ 4% (SAD). Can anyone, who has done this sort of work, mail me the soft copy of the letter, form and certificates to be issued by the CA. My Mail ID is luvseemakukreja17@gmail.com.

Thanks In Advance.

Dear All,

We are a DTA unit and supplying goods to SEZ units under ARE-1-LUT.We are collecting our payments in INR only.Will we go in for DEPB Licence?if so please explain the procedure for the same

Thanks

i am frist time do the audit of a company which include both import and export

i want to learn the producue
of both
export prodecure
import
duty drwaback
depb
and all

please
tell me in detail

it is very difficult for me to read that
as i want to compltete
the audit
i am confused how can i check the dutydrawback in the book of account
and depb