In case importer pays any royalty on imported raw materials for further processing to be carried on it.
Whether it is to include in transaction value as per rule 10 or not.

According to explanation to rule 10 such royalty is to included not withstanding the fact that the said process is undertaken after the import.

But post importatation activities will not be included in tv as per decisions given by apex courts.

Kindly clarify me in this regard.

Sir
i want to know abt cumtom duty on Food produt export to United Kindom. what is custom rate ? what documentry required? for export the food product

Dear Experts,
I want to clear my doubts on the below topics:
1. Which export scheme should a company choose?
2. What is the difference between Duty Drawback on Exports, DEPB on exports, Excise Duty refund on exports?
3. Can someone pls guide as to what analysis one should do before choosing a particular export benefit scheme.

Thanking You,
Amit.

I have cancelled CT3 Form of Air Compressor.. Now I have applied for new form in respect of same goods.

Am i eligible for fine??

If yes what is the procedure to pay fine.

I asked Customs Ppl, they suggested to pay through TR6 Challan.

Can any one please let me know the procedure??

Can someone provide the custom duty rates.. etc.

We are buyer of Indigenous and Imported capital goods from Manufacturing unit.Our Company registered under approval of CSEZ. we are 100% EOU.

Can you anyone tell me the procedure after filing CT3 and Procurement Certificate with Customs Official.

My doubts are:

1) Firstly, when we apply for EPCG lic. for local procurement, why we get refund of Excise Duty and why it is called as Refund of "TERMINAL" Excise Duty, why the word TERMINAL is used.

2) Secondly, For local procurement under EPCG lic. we will get refund of Excise Duty as mentioned above, why we will not get any refund from import items (cleared under EPCG LIC.)

3) Lastly, what benefit would govt. gets if Excise Duty is refunded to the manufacturer.

Kindly reply to my doubts

Regards
K.Ravi

What are the consequences for export of services witout registering IEC code?

I have verified the official website of Directorate of General Foreign Trade but I am not able to get the result.

In the Website, they told no import or export are allowed without IEC Code but there is no clause about the consequences.

Hai friends,
Can please anyone tell me at what rate of duty should i assess for Basic customs duty and CVD for these two goods :
The under mentioned goods are imported :
1. Micro motors - Value in FOB 10,000$.
2.Soldering Irons and Guns - Value in FOB 5000$. other factors, Air freight 400$. Rate of exchange 1$=Rs.50. Customs duty - 10% Advalorem, CVD - 16% Advalorem. Education cess as applicable. Effective rate of duty on Soldering irons and guns through a customs notification is 5%.

I Just Want To Opine On The Answer Given By Ram Avatar Singh On The Question When To Book Import Purchase?/

In My Opinion It Should On Date Of Commercial Invoice Not At The Time Of Recival Or Payment.