A Partnership firm manufactruing goods & having Excise manufacturing Number. that firm import Raw Material & Not claim SAD as refund because a manufacturer.

His excise consultant given advice him & taken a excise trading Number on different location in same state & import raw Material.Import Raw Material transfered on invoice to maufacturing division . TIN under vat is same. Firm maufacturing goods & paid vat/cst while sold goods.
Now he want SAD Refund

1) Can he claim Refund under custom Act notification no. 102/2007.

2) Can he issue invoice in same state while transfer goods ( Delhi Vat) from trading division to Maufacturing division
TIN is same.

Advice me.

What products can we import against the Duty Credit of VKGUY Licence. Is it for any product or only products related to Export against which the licence was issued

dear Expert
we have made wrong export invoice & as per invoice value buyer team paid customs duty and buyer deducted our payment due to wrong calculation, now what is the procedure for getting customs refund.

invoice has prepared to wrong rate

qty rate bill amt customs paid
150000 5.941 891236 89124

invoice should be prepare below rate
CORECT RATE
qty rate bill amt customs paid
150000 3.71 556500 55650

thanks in advance

High seas sales transaction

The original date of sale invoice is 9th Oct 2014 - submitted to bank for payment
where as the goods got cleared from Port on 10th Oct 2014.
The duty payment was made on 8th Oct 2014. This is a technical issue and our SAD refund claim can be rejected because of this.

please advice, sale date in the invoice can be revised to 14 or 15.10.2014

Dear All Experts,

My query regarding penalty on custom duty short paid.

We was paying custom duty @ 5% on an imported goods.
one day anti evasion team come and draw samples of material.
before receive any demand or notice from department we have paid differential duty with interest on basis of right tariff classification of material.
Now department asking for pay penalty @ 25%.

All the experts have request to tell, Are we liable to pay penalty on said differential duty?

Thanks

Can Service Provider avail credit of Additional Duty (Custom) 4% (019/2006) against the Service Tax Payment?

Dear all,

Can you clarify my doubt regarding Customs duty can take cenvat credit. Here is the amount of invoice
Value 755,045.94
BCD 10% 75,504.59
CVD 10% 83,055.05
CustCess2% 3,171.19
Cus Sec h 1% 1,585.60
Add. Duty4% 36,734.49
Total 955,096.86

So please explain what are the item will get cenvat credit for filing service tax

Thank you

while issuing invoice by the dealer importer what text to be mentioned in the invoice for claiming refund of sad @4%.

IS THERE ANY SPECIFIC FORMAT OF LETTER FOR SURRENDERING IEC AND HOW IT WOULD BE SEND TO DGFT ELECTRONICALLY OR BY SPEED POST.

Dear Sir/Mam,

We recently have registered with DGFT (through a consultant).But the problem is When we reveived our IEC we observed that our address had some errors (as bank certificate provided by us was having the same error of address)
Now my question is how can we update our address in IEC???