in section 112 of customs act there is penalty on declaring highr value of goods than tge actual my ques is that why a person will declare highr value than its actual value and moreovr dept is imposing penalty on that?? thanku in advace

we are made an export sale of plant and machinery item. Are here requirment of cerficate of origin and if it yes then what is procedure for it.

Respected all.
Please clarify the maximum exempted amount of goods per head to bring overseas countries to India as per coustems Act?

BALU

how to apply on line form for modification of IEC certificate

Hello,
How can i file a complain against CA Firm being my ex-employer for non-releasing my salary and bonus cheque for no reason and without any dispute.
What is to be done for the recovery of the same. i have written a mail to the employer for realising the cheque but no rely has yet come after a week also so i have again send the reminder still no reply from them.
Please help me out and guided me to recover my undisputed dues.
Thanks alot.

Hello,
How can i file a complain against CA Firm being my ex-employer for non-releasing my salary and bonus cheque for no reason and without any dispute.
What is to be done for the recovery of the same. i have written a mail to the employer for realising the cheque but no rely has yet come after a week also so i have again send the reminder still no reply from them.
Please help me out and guided me to recover my undisputed dues.
Thanks alot.

What do you mean by 'goods entered for export' ?

Dear all,

i have to prepare system for accounting on DGFT benefit. Kindly give me accounting entries for DGFT transaction. As per my point of view following entries should be passed.

At the time of export
DGFT/Advance licence Dr
Export Incentive Cr

At the time of Sale to 3rd party
Customer Dr
DGFT/ Advance Licence Cr


At the time of Adjustment to custom duty
Custom duty payable Dr
DGFT/Adcance Licence Cr


Kindly give me direction or suggetion

Dear Sir,
We are an SEZ Unit and want to export consignment showing a DTA unit as the exporter.
If we file a third party export shipping bill in SEZ online system showing the DTA Unit as exporter, can we sign the shipping on behalf of the DTA exporter?
Also please explain the below conditions:
1.Requirements of positive NFE or any other conditions relating to authorized operations should continue to be discharged by unit.
2. Fulfillment of positive NFE should be reckoned on the basis of the price at which the goods or services were supplied by unit. such export will be counted towards fulfillment of obligations of unit only"

Regards,
Naresh Singrakhia
naresh.singrakhia@gmail.com

Hello Friends,

Our company want to import a new two wheeler of 250 CC. For this particular model we do not have Certificate of compliance as per Central Motor Vehicle Rules. So how to clear this bike from the Indian customs is the big issue for us.

Can you please help us.

Thanks in advance.