Dear All,
we are Garment Exporters, we have Parent company Outside India, recently we had imported Garments(Shirt) from our Parent company which we were selling in our Country. Some of the imported quantities remains with us.
Note: we had imported the said goods(garments) under DEPB.
1.Is there any Customs duty will be applicable?
2.what will be the procedure to re-export the same to our Parent Company.
wht is import export code?
who is liable to apply for it
Dear Sir,
Basically we are into ready made garment exports. Now my question is, we have made export shipment of USD 350000/- to a particular buyer in FY 2008-09 & all the payments have been relised in full for the same. Now the buyer is asking for the discount of USD $23000/-. While we approached our bank for TT Payment, they are asking us to surrender the proportionate drawback amt. I understand that if the discount amt is below 10% we need not surrender the export incentive. So I request you kindly advice in this matter.
Thanking you in advance,
Santosh
My query is-
1.In which currency the (INR or USD)export obligation is required to be completed.In EPCG licence epxort obligation in both the currency is mentioned but due to fluctuation in excahnge rate obligation in one currency is completed while in other it remains short hence which currency should be considred for redemption of export obligation.
2. Our commpany have taken around 100 licences during the period 2003-04 to 06-7 then what will be averege export obligation will be computed and monitiored.
please tell me somebody about CVD.
what is the cvd?
please tell me in detailed.
how can be use cvd?
Mr.A (Indain Individual) is importing goods from foreign. The situation is that Mr.A is performing High Ses sale to another buyer which is indian company. The bill of lading have possession in Indian Comapny name but Bill of entry was in possession of Mr.A's name.is it possible..?
the second thing is that Mr. A is reciving commision income not sale of goods income.
either Mr.A is correct for it.
Sales tax department is enforcing Mr. A for showing these transaction as Sale and he has to pay CST on it.
Is it make any diffrence in answer if Mr.A is also a Indian Comapany
Is customs Duty Applicable to Software??
if yes
Our company imports Software licenses from Microsoft all transaction are through online only. they receive the License online and they transfer it to Reseller for a commission.
weather Customs duty is applicalble for such transactions??
The Company Chages both Sales tax (VAT) and also Service tax,(not WCT)
VAt at State rates
Service tax @ 10%+3%
Please Clarify weather Customs duty is applicable..
Our company imports Software licenses from Microsoft all transaction are through online only. they receive the License online and they transfer it to Reseller for a commission.
weather Customs duty is applicalble for such transactions??
The Company Chages both Sales tax (VAT) and also Service tax,(not WCT)
VAt at State rates
Service tax @ 10%+3%
Please Clarify weather Customs duty is applicable
Hi
Can any one tell me that is there any restriction on avalaing input credit on Additional CVD.
Can a service provider and a manifacturer can avaial this benefit.
Its urgent for me. Kindly clarify
Regards
Can anyone tell me the minimum period for which industrial training can be pursued and the formalities to be complied with the institute regarding the same?
Thanks
Re-Export Procedure for Garment