Dear Sir,

We are 100% EOU of GRANITE EXPORTS
and we have one own quarry also.

We are taking the raw material from that quarry around 60% and 40% of the material we will sell to DTA.

then What about the cusoms and excise duty on that one.

Pls Explain to me.

Sir,

I have read the circular. I have a querry.

After filling the refund application whether custom is going to refund this duty by cheque or we have to claim modvat.

And if someone has already claim modvat then how this duty will be refunded?

Hi, Friends.. i want to know about import procedure ( practical aspacts). Is there any system of online filing of documents to custom deparments and clearance of custom authorities of impoted items.

Hi,

I have the following query:
GOI vide notification ref:

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k7/cs102-2k7.htm

has announced refund of Additional duty of customs, on meeting certain conditions. Now, i am an importer-trader. I import goods which are liable for Addl duty of customs @ 4%. Should i add this as part of my inventory cost? Or should i treat it as a receivable?
(Please refer the above link for the full text of the notification)
My Doubt i cannot treat this as a receivable, as there is no certainty. I am eligible to file for a refund only on satisfying the given conditions.

If i load this with my inventory, Will I not be eligible to claim REFUND because of Principles of Unjust enrichment? (Sec.27 of Customs Act).

Please guide.

Thanks / Vijay

Hi,Plz tell me abt the BEST coaching institutes for Final (New course) subjects. And which are the best Books apart from ICAI material for preparation.

A product is imported and same is also manufactured in India, and it's tax structure is as follows ;-

Basic rate 100.00
Custom duty @7.5 7.50
E.Cess @3% 0.225
--------
Total 107.725
Add CVD @16% 17.236
Add E.cess @3% 0.517
--------
Total 125.478
Add Spl duty @4% 5.019
-------
Total 130.497
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now please tell me the amount of cenvat credit and total amount of on which we can can claim cenvat credit.

Whether EPCG benefits availed by the Service provider for import of machinery?

The services rendered to SEZ is to be considered as deemed export for fulfilment of export obligation under EPCG scheme?

How much time it will take to get the EPCG license once you apply online?

Can one take credit of counter vailing duty /Special Additional Duty paid on inputs

What is Counter Vailing Duty and Special Additional Duty

We have imported Machiney Nov 2006 in which CVD involved but due to misplace we lost Original Bill of Entry+Bill but we have only photo copy of Bill of Entry+Form 31+Pmt Detail,in what manner we can CVD Claim