manikanta
03 March 2008 at 09:07

Fund Accounting

Hi
i would like to know about fund accounting with regard to investment banking firms.....
how it is and where can i get additional information on that


MANOJ KUMAR GUPTA
27 February 2008 at 16:58

dormant bacteria

are trading their products for waste water treatment and other water and soil treatments.

We at present don't have an IEC code nor are we regd. with C.E. Our products are concentrated form of live bacteria in dormant form in 95% water and 5% alcohol medium. The products may also come in tablet form. Products would be shipped either from USA or Thailand. These products are brought i, diluted with water and used for treatment in Effluent Treatment plats, Sewage Treatment plants and other uses. These bacteria are non-pathogenic harmless bacteria, which may be various strains intended for specific purpose. When the diluted solution is put in the target area, the dormant bacteria, activate and start their vegetative and reproductive phase and eat away the organic wastes, thereby reducing the sludge and improving the quality of water.

We look forward to your help for the appropriate CTH/CETH (customs Tariff Heading), duty structure and appropriate notifications related to this. Also please inform whether for this product having an IEC is also reqd or not. We are not doing any change in the productin India before sale. We would just import it, stock them and sell it to customers. We would initially import all items to Delhi and stock here and all sale billing would be done from Gurgaon office. As far I understand, we should have a LST and CST registration also for domestic billings. Please confirm.


ramesh vadnala
25 February 2008 at 09:12

advance licence

we are importing raw material against advance licence and we do export to clear the the export obligation against advance licence. what is the accounting treatement when we are getting benifit of duty against advance licence


j.madhusudhanan
12 February 2008 at 16:00

FOB VS CIF valuation

can anyone explain me what are included and not included under these two valuations


Dolly Jagad
12 January 2008 at 16:36

Whether Import or not?????


Dear Sir,

Person in India purchased machinery design from a foreign country on papers. Whether that designed papers comes under customs???? Whether we treat it as goods or not????


Late CA Sampat Jain

Is there any exemtion from cutoms duty on plant and machneries imported by a Hospital whose 10% of the beds are for charitable purposes??If yes please tell the cirular or notification number etc. OR There is any other exemption for hospitals??


Sunil Rathod

Supplier is outside india for supply of casting to us in india. we need to pay cost of pattern for casting supplied to us since it is manufactured for us as per our design. can we make payment of pattern ? pattern will remain with the casting supplier outside india,what will be the base for payment,since we are not receiving the pattern to india we do not have bill of entry as a proof of receipt of goods?


Sunil Rathod

Supplier is outside india for supply of casting to us in india. we need to pay cost of pattern for casting supplied to us since it is manufactured for us as per our design. can we make payment of pattern ? pattern will remain with the casting supplier outside india,what will be the base for payment,since we are not receiving the pattern to india we do not have bill of entry as a proof of receipt of goods?


R SRIDHAR
28 December 2007 at 20:22

CA certificate in respect of EPCG

Hi friends,

Could you please let me know the details in respect of CA certificate for EPCG export obligation? One of the client company has fulfilled export obligation of eight times of duty saved in respect of import made in 2007 dec.When should the certificate be obtained from CA in appendix 9a and 22.Is there any guidance book available?

Please advice me in this regard.


MUPPALA MOHAN NAIDU

Dear Sir/Madam

Please let me know the import duty rate and other duties applicable for import of laser engraving machine to be importrd from china. The cost of the machine is around Rs.25 to 30 lakhs.





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