We are a costruction com in the field of power plant construction for electrical and mechanical works.We have exported the machine for our project to outside india with GR waiver from AD bank, but now machine is not fit to re import in india and we want to disposed off/sale the machine as scrap in that country. pl. let us know the procedure involved under FEMA, Custom, & RBI guidlines.

Hi,
i wan to know each documentation and legal procedure reguired for completing High Sea sale in favour of HSS buyer.

Sirs.,
We have taken adv.authorization under para 4.7.
Since the queries from DGFT HQ were not replied in time our case has been rejected.
Now how do we proceed for getting the norms fixed. ALready we have completed almost 10% imports and about 25% of exports.
The rejection was done about a month ago.
Please advise procedures, whether we have to go to Policy relaxation committee and howmuch fine will have to be paid.

Can anyone give me detail accounting tretment for taking credit of various custom duties and availing that credit in general?

DEAR SIR,
WE ARE (AN 100% EOU)MANUFACTURER & EXPORTER OF GOLD ORNAMENTS. WE ARE ALSO CLAIMING INCOME TAX EXEMPTION U/S 10B OF INCOME TAX.
CAN WE IMPORT GOLD DUTY FREE ? IF YES, UNDER WHICH SCHEME OF FTP 2009-14 ?
OR FOR THAT MATTER ANY OTHER SCHEME IS AVAILABLE FOR DUTY FREE IMPORT OF GOLD ? WHAT IS THE RATE OF IMPORT DUTY ON GOLD ?
THANKS IN ADVANCE
ANCKOORA.

HOW CAN I TAKE DEPB FROM CUSTOM.

Hello Friends,

I have applied for an IE Code around 10 days back. So far I have not received the IE code. Can anybody tell me how long it actually takes. And is there anyway to track the status of the IEC. I have already tried on their website, that does not work. Please let me know.

Thank You

Dear All,

Please help.

Can one take credit of customs duty paid against Excise Duty Liability?

If yes ,please provide the relevant sections,case studies,circulars,notifications,etc.,if possible.

Thanks.

Can any one tell me that how to calculate the FOB Value of Export?

We have received the freight invoice from one of our transporter according to whom the material of one invoice has been shipped as two separate consignment. Is it allowed? As we will receive two bill of entries for same invoice. How the payment will be made in this case? Would it create any legal difficulty for payment?