What is Notifiaction No 102/2007 dtd 14/9/07. Please explain.

Hello,

I am about to start an online ad network in which we will get payments from advertisers and we will give payments to publishers.

I have IEC NUmber.

Can I use Paypal to get the funds from advertisers and use the funds to deposit in publisher's PayPal A/c and withdraw the rest from my PayPal A/c to Bank A/c?

Do reply.

Dear Sir,

As we are going to import capital goods for our agri project, I want to know the actual custom duty % on these goods if we do not take EPCG benefit?

And if we take EPCG licence then at what % we have to pay the duty to the customs?

The above information is requiered for calculation of actual duty saved amount while making EPCG application to DGFT.

If anybody have ER2 Form in Excel format please send me

Thanks in advance
Somashekhara
msshekhara@indiatimes.com

Under EOU scheme can we import capital goods and then shall we sell the same to our customer.We want to import one machinery and want to sell the same from Karnataka to Andrapradesh.It is defence department and not issuing D forms.
What are all tax implications?
Please guide me.
1. KVAT applies @ what % ?.
2. CST Apllies @ what % ?.
3. Customs duty payable or not ?
4. Is there any other taxes ?

Thanks & Regards,
Amar.
Since 3 days no answers from the experts?, please help me in this matter.

Dear all members
Monthly returns for 100 % export oriented undertakings in respect of goods cleared and receipt of inputs and capital goods - ER2 should be filed every month is a statutory one or not.
If it is statutory one - if there is no transactions also we have to file it or not.
What is the due date?.
what will be the consequences if the returns are not filed in time.

Thanks in advance.
Amar.
Since 3 days no one is answering why, please help me out.
Amar.

Background:
We are going to start import from Germany, and have the same goods be sold in retails market after paying the VAT/CST. Now, as per earlier notification no. 102/2007 dt 14.09.2007 - notification for refund, it was told that we could take the refund of 4% spl CVD, but every time it was cancelled by the authorities stating: unjust enrichments.

Now, against the notification for 4% spl cvd refund - 102/2007 csu, dt 14.09.2007; a new circular no. 16/2008 dt 13.10.2008 which explains - on how the refund can be effected. Will this work?

My querrry: Are there any possiblitites that now we could avail the 4% spl cvd refund facility.

i have to import some material from italy. The material will be sent from italy to its office in kolkata. The indian office will then bill the material to me indicating custom duty, CVD etc. My company is not excise registered. In this case can i pass on CENVAT to my end contumer by doing a Sale-in-transit transaction.

By this method even being non excise registered company we are able to pass on CENVAT benefit to the end user in case of indegineous manufacturer. Is it possible to do this in similar fashion in case of imported supply and passing on the CENVAT.

Kindly advise.

Regards,
Amit.

Dear Sir,

I am working as accountant in STP unit, (100% EOU0 bangalore,

We have obtained the Letter of Permission from STPI for renewal of PBWL in September 2007 and the same has to be submitted to customs for renewal they give the validity up to 31/12/2008.

Now we have to apply for licence renewal to customs dept, whether we have to take a permission for no objection from STPI ?

or

We can directly apply for licence renewal to Customs dept with the Letter of Permission issued by STPI to us in last year ( noramally LOP is valid for next Five years fron the 5/9/2007) ?

Pl. advice me.

Thanks & Regards,
CHIDANANDA K R

Mb. No: 94493 46445

Dear Gurus, I want to know whether cenvat credit is available in case of taxes/ duties paid in the field of civil construction... Any View shall be highly appreciated.