Kindly provide information regarding; 1) we import goods against 20% advance against $58 2) Bill of Entry $ 62. 3) For final payment we raised Buyers Credit from bank $ 61.50. now the question is what should be our purchase rate or purchase amount in dollar
what is the process to cross state border in case of import of foreign machinery in india
can i use use form 38 ? or any other process.
kindly help & suggest me
vivek jaiswal
9044281473
If the amount is realized by the exporter after the due date of BRC which is mentioned in the shipping bill, then :
1. Should the auditor highlight in the certificate or is it enough if he certifies only those payments realised within due date?
2. What is the subsequent process to be done by the exporter?
Hello,
I'm trying to find out the import or customs duty on Cellphones and Electronics. Please explain me as I'm a layman in Taxation
Respected sir, My client(Pvt Ltd) is registered dealer in karnataka VAT Act . It is developing software and selling in India,paying VAT accordingly.Now co wants to export to bangladesh the same software. My Query is Wheather Custom Duty is Applicable? Please Help me Sir. Thanks in advance.
i have imported an equipment last year from US but due to some technical issues the equipment is not working properly. the supplier is ready to resolve the issue. but he is asking us to send the equipment to US. Kindly let me know the procedures to be followed in repair and return basis.
I need to obtain BRC for closure of Advance Authorisation License. I have FIRC for all the remittance received. To obtain BRC I need SDF to be submitted which I have lost. My question is
Do I need to submit SDF for obtaining BRC ?
What is the alternative if the SDF is lost to obtain BRC ?
as custom duty is levied when the goods arrive at the port . so why rate of duty is not taken on the date of entry inwards?
thanks in advance
HiI want to know date of new rate of service tax notified date
Sir,
We are a company registered as VAT dealer and Excise registered godown at Maharashtra, our main business is imports, however due to very high cost of clearance at Nhava Sheva port, we would like to clear our consignment to a Gujarat port (Pipavav/Mundra/ICD Ahmadabad), can someone provide clarity on this and also are we are allowed to do so?
Because we do not have a Gujarat VAT registration, so can we bring in the trucking to Maharashtra from a Gujarat Port as sale point is in Maharashtra?
Please give more inputs weather the above transaction is valid and legit from perspective of VAT rules to Maharashtra and Gujarat and for Excise.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Import entries