We have exported one crane on returnable basis. At the time of export exchange rate was 40 and now when we brought it back exchange rate is 63. What value we should declare because AO is considering the value in USD in which we exported but due to exchange fluctuation it is almost two time higher then my book value and duty is coming almost equal to cost of my crane. Please suggest.

Dear All,

We had imported machinery and spares from various countries this year,please let me know whether i can avail 50% cenvat credit on CVD and 100% on additional duty for this Financial Year.

Regards

Rajesh Kotkar

DEAR SIR
CAN A GOODS TRADER FIRM ( NOT MANUFACTURING & NOT EXPORTING) AVAIL OF INPUT TAX CREDIT IN CASE OF PURCHASE OF DEPB LICENCE,SELLER OF LICENCE ISSUE A VAT INVOICE
PLEASE SORT

I have a situation , wherein one of my clients who has done Service exports and has submitted Invoices and all other valid supporting documents for issuance of Ebrc. Against which we have issued Ebrc's.

Issue is : The client has also given us Hotel Bills, and Transport Bills of its Engineers & their family members, who were sent abroad to execute the contract.They had remitted the cost to their officials abroad , and have also received the reimbursement from their foreign client. Now our client wants the reimbursement received to be treated as Export receipts, and is pushing us to issue Ebrc for the same. Can we do it , is it permissible under the law.

We would like to import the Doors, Windows of Aluminium under CETH 76 from Sri Lanka. We understand that import from any SAARC countries it exempt from basic custom duty as per the trade agreement between India and SAARC countries. YOu are requested to kindly confirm on this and if any notification on this please provide the details. Eagerly awaiting for reply.

Can anyone please explain the concept of unjust enrichment with examples

Hello, I am creating website for USA film industry, and receiving monthly 1 lakh ruppees through Peppal. kindly advice do I need to take pay any indirect tax such as export duty/service tax, as I am exporting the services. thanks

Dear friends,
My post related to custom department come in old communication address.
So i want to change in address so my any letter come in new communication address.


Thanks of all guide.

custom duty on inpmorting of machinery for manufacturing of solar panels ???? need urgent ans




thanks

Does require export licence for sodium cyanide.
HS code:- 28371110

if require licence please let me know the procedure of licence and which licence require.