Dear Sir,
we are imported material on high sea sales basis, We paid to custom commissioner Rs. 886792/- as Follows:
2.5% - 329875.80
Cess: 4/MT - 5253.70
Custom Ed. Cess - 6702.60
Custom SHE Cess - 3351.30
Additional Duty - 541608

of the above cost which cost we recovered by refund route or credit route?

We are 100% EOU, we are export various goods. In normal practice we raise invoice in USD and receipt of invoice is also in USD.
Now one of the part insisting to raise the invoice in rupee currency and they will also make payment in rupee currency.

i have query whether there is any drawback or any benefit in such transaction in view of income tax, custom, RBI Policy etc

Please give a valid answer
Thanks in advance

Dear All,

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Thank u

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