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.

sir,

Wht is the use Of DEPB licence.

how to earn DEPB on export if the company has not any import so how can we use of DEPB.

when we shown (under the which a/c head) the DEPB credit in balance sheet or p& l a/c.

plz give me explanation about DEPB, its utilisation and accounting.

Mitesh

We import inputs under advance license and these inputs are consumed for manufacturing of both Domestic and export . Custome Duty is not paid but we pay CVD & SAD and for same cenvat credit is taken.
Should we keep separate records or how much duty (Custom Duty, CVD & SAD)do we require to pay to conume it for domestic purpose.

urgent reply reqd

thanks

Dear sir,
can i keep cash with me us in my house, where all the tax paid income of previous years are accumulated?

What is the meaning of G/R Waiver in case of export/import?