if we clear the imported goods for home consumption by declaring MRP and other required details too on the product as per the norms of standards of weights and measures Act,then we need not to pay SAD, as per the provisions of Custom Act,
1.Then is it possible that we can claim CVD, which was levied on such imported goods on bill of entry, as input credit from excise duty, if we do manufacturing activity from such goods.
2.Is it is allowed that we can do manufacturing activity from such imported goods, as per the provisions of law.
Respected Sir/ Madam,
I request u to give information about how to obtain import license for individual (Proprietorship)or give me mail id of any of your contact person who have knowledge in this area.
I expect to receive your cordination.
Thank You.
Dear Sirs,
We are a manufacturing unit in South India. We imported a machine in Sept 2013 and paid Import duty. We used the machine in production and now want to re export it. Will we be able to recover the import duty paid at the time of Importation and if yes then how much of it. Please mention the relevant sections as well for the reference.
Also, we have some local buyers for the machine, but in that case, will it be possible to recover / pass the Cenvat credit. if yes, please mention the sections/provisions in the law.
What is the procedure in both the above cases and which one to be adopted.
Thanks.
Dear Sir,
Please note we have imported a machinery by availing SEZ benefit in 2011. Now we want to sell it to a DTA Unit. Please advice:
1. how to calculate the depreciation value?
2. can we sell on a price more or less than the depreciation value?
3. is there any valuation method acceptable by customs for machinery?
4. On what value the customs duty will be applicable - on the invoice selling price or depreciation value?
Thanking you,
Regards,
Naresh Singrakhia
hey i am student in of 11th commerce and i want to do Ca,but the problem is tht i didnt taken math as my subject so is it possible for me to do CA ,p.s i cant change the subject now
I have started import of rubber from Vietnam on direct payment basis. My customs officer demands more duty as he believes that I made under Invoice. Rubber is a highly volatile commodity and price changes every day. He compared the price of other importers who imported last month. I have all proper documents to support my value. Please advise me how to get justice from customs department.
Can I use one single series for Retail and Tax Invoice. For Example
Invoice No 01 is Retail Invoice.
Invoice No 02 is Tax Invoice.
Invoice No 03 is Tax Invoice.
Invoice No 04 is Retail Invoice.
Can I do this ?
which date exchange rate shall be taken for purchase import A/C value
Export query