As per Market Linked Focus Product Incentive Scheme, incentive is given on a particular product to a particular market.
ITC HS code 87089900 (Other Machined Front Axle ,Beams And stearings) incentive is Given in USA and Maxico.
why the incentive in USA is given under ITC HS code 87089900 (moter Vehical Parts)
An ITC HS code consist of several Products but acoording to the scheme incentive in USA (motor vehical parts) should not be allowed.
Kindly Clerify this aspect.
We are the manufacturers of Training Simulators. we are exporting our training systems to GABON West Africa. These systems are manufactured in our factory using indigenous raw material except 1 item which was imported from USA and paid Rs. 8400 as duty incl of CVD and AD and paid Excise duty on 1 item. other than the above all materials purchased in India . kindly suggest that can we claim Duty draw back on this Export transaction , if so under which section and scheme w
We are Manufacturers of Traing Simulators. We are Export Systems to Gabon, West Africa.
The system is manufactured in INdia with Indigenous Raw Material, in that below 10% valued items are excise paid and for 1 item we have paid Custom Import Duty .this is also below 2% of system value.
My query is that can we avail Duty Draw back under export scheme. If so please suggest under which Notification we can avail and upto what percentage
Sir,
Our compnay made purhcase through HIGHSEA SALE. I have doubt
We made the payment of customs Clarence bill. But bill comes in the name of importer name.Liner not mentioned our company. But we made the payment . It is correct or not ? Service tax credit is applicable ?
Thanks and regards
Hi,
Any help would be greatly appreciated.
I tried a number of options and finally here requesting your help to resolve this issue.
I'm UK employee and on holiday in India for next two weeks. I have some urgent requirement to support one of the client and required my laptop. I blindly without thinking requested my employer to ship my laptop across using DHL. Now this used laptop is sitting in Bangalore Customs and DHL is asking for NOC from MOEF to clear the customs.
Not really sure how to approach MOEF. I tried to contact them using their website details and no success so far.
Please could you anyone who has some experience can point me right direction to approach MOEF to get NOC or any other way to resolve this issue in next week or so as I'm suppose to be back to UK next week.
Again, thank you for your attention and any help would be appreciated.
any one can clarify. that
Is there is any provision in DGFT for raising doubts/queries relating to foreign Trade Policy.
"
1.Disclaimer Certificate is currently being issued by the SEZ unit to DTA unit for availing DBK. Whether an SEZ unit while availing benefit under MEIS scheme are still allowed to provide Disclaimer Certificate to DTA unit for availing DBK?
what is the relevance of two months in case of erroneous refund of dbk basically shall assessee be liable to pay intrest @18% if he pay duty within 2 months from demand???
What is the penalty and interest on non fulfillment of Export obligation for machines imported under EPCG licence
Dear expert,
I am a newly qualified ca of may 2015 attempt.
i am working in a chandigarh based company. company is importing lenses from chaina and then with the help of india based other material they made the 3D glasses.
i.e. lenses' shape is changed/Unidentifiable as final product of this chandigarh company is known as 3D glasses
and 3d glasses are being sold undr vat/cst as applicable.
Now can this company claim the refund of CVD 3(5) paid on import of lenses? but as I told original lenses' shape is gets changed with newly formed 3D glasses. On ultimate final sale of 3D glasses
Excise is not there as sale value is <1.5 crore but vat cst is being paid by company.
Qus: can this seller company of 3D glasses claim the refund of CVD 3(5) paid on import of lenses from china? if yes then what is procedural part?
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Market linked incentive scheme