Custom queries [351]

All Resolved Open

Neelkanth

04 July 2008 at 10:56

ACCOUNTING TREATMENT OF DUTY DRAWBACK RECEIVED

Our company has received the duty drawback of Rs.1,50,000 my query is how to treat in receipt in the books of accounts ?

Vishnu Agarwal

03 July 2008 at 16:04

relating to Reserve

Sir,Madam
What is the meaning of statutory reserve & why it is created?

ankit mahipal

27 June 2008 at 11:15

custom duty

hi friends,

plz suggest me ,what is the treatment of DEPB & DEEC licence. how to get DEEC & DEPB Licence.

can we find DEPB licence detail by IEC no.

lohithakshan u k

26 June 2008 at 19:52

during jan 2007 we have remitted some lakhs towards purchase of software from US. payment was made through bank via TT, after completing all formalities. later we were permitted to down load the entire software through internet. we have not remitted customs duty as usually we are paying at the time of clearing the goods. here there is no clearing process.then what about the customs duty on this purchase.and how to remit, if avoided what will be the consequences.

ravi

25 June 2008 at 16:22

import duty

what would be duty mentioned in bill of entry for import goods, if cleared under EPCG what would be the duty.

Sanjay Sharma

11 June 2008 at 15:40

Shipping Bill

We have filed the shipping bill in the Custom at the exchange rate applicable in the month of May-08, but now in the month of june-08 the exchange rate of customs has been changed.

My Question is -

1. Can we send the material on the shipping bill we had alredy filed with the customs. Is there any problem to sending the material in this way.

Pls explain ASAP. Its urgent

Regards
Sanjay sharma