we have to import a material from china..and the total CIF Mumbai price is USD 9351.11.
this is the first import of our company..i want to know what all duties and taxes will be applicable and how much cenvat can we claim on that??

Dear All,

Greetings for the day...

We are a trading company based in maharashtra nd branches all over india , importing material nd selling in local market. We pass acd to rhe manufacturers and when sale is nt made to the manufacturer, we claim the refund,.

In case of branch transfer, we pass on the acd to the branches. If branches do not pass acd to certain customers, then can we claim acd from maharashtra or the respective br.

Or what is the solution for the same

IS there any provision to file SAD refund after a one year period. We sold out the imported material within one year. But we totally forget to file the SAD Refund in time. Now the TR-6 payment period exceeded one and half years. Now we are eligible to file SAD Refund application in customs (or) Not?.

Kindly send us a immediately by reply any one.

Due to certain reasons, we forget to claim our SAD refund within a year. Is there any provision for us to claim our SAD refund now.

Dear Expert,

There is a company which is into direct import of foreign liquor, and also purchase of imported liquor under a bond.

The final liability for payment of custom duty is on the said company. There is a charge of additional duty @ 4% over and above the basic duty of 150% of assessable value.
Goods can be sold only after the payment of the said duty.

The company has already paid an amount of 3.6 Crores as total custom duty till 30th June 2015 (for 1st quarter), and an amount of 15 crores in the last FY 2014-15 as total custom duty.

Came to know about the notification no.102/2007 Customs, allowing refund for additional duties of customs paid.

Request for assistance of the procedure and allowance for refund in this case (if applicable).

Thanks

I am filing application for iec online, after filling information for master file, there is showing an error " task could not be completed " please suggest me reason for that..

Dear Experts,

What is the procedure if your duty drawback claim is suspended when shipping bill filed electronicly and whether there is any time barred provision relating to Duty drawback.
Drawback is in the nature of when raw material imported and finished goods exported and drawback is claimed at all industry rate.

Regards.
Kapil Goyal

hi experts,

i want to know 2 thngs

1) if i export cloths to canada through e-business , say rs 100000rs then how much taxes i have to pay as coustom duty, and what requirement i have to fullfill under fema

2) if rather then directly sales in canada, i transfer to mr x in canada (i.e wholesaler ), who later ll sell the cloth, will its be proftable as whole assuming mr x is also my family member

Hi
I have problem in applying online for the IEC. I wanted to Apply as an individual but the application require firm details and certain feild are marked with * which says are mandatory. Could any one guide me for getting an IEC (for Individual), wherein I have Pan No. and Savings account. I intend to startup trading so once I reach to a slab of VAT or sales tax I would take the same. Pls guide.

Dear all
please advice

1. Can we file IEC Modification online. please provide me link or help file for filing ONLINE modification of IEC for address change

2. Do we have to submit physical papers also after filing online modification.

Thanks in advance.