Dear All,
ABC Pvt Ltd wants to purchase capital goods from SEZ unit in India. SEZ UNIT MADE SALE INVOICE IN USD AND REQUEST TO TRANSFER THE MONEY IN USA. Now my question is that sez unit is located in India and goods also supply in India then why sez unit is requested to make payment in foreign currency? Pl clarify that it is possible?

Dear Sir,

We are a Manufacturing Company located under SEZ. We are importing 95% from outside India. The Problem is we are following Import Custom rate to book the purchase entries in our accounting Software. But is it correct procedure or we need to follow RBI rate to book all the Purchases.. if we follow RBI rate it was fluctuating by day by day..

Please anyone can help me to provide such information regarding above query along with any documentary stuff..

Thanks in Advance..

Yuvaa

when goods become dutiable...

Hello,

Currently we have provisional SVB order and we are paying 1% EDD. Now we are appearing shortly for the PH for Final SVB order.

Now in our supplier's organization top management is changed and they are changing name of their organization very soon.

Now in this case I hope SVB amendment is required.

So is it good to finalize the SVB order with current supplier name?
Can we amend same SVB order with new supplier name?
OR
Again we have to do complete SVB process with new supplier name?

Please guide.

Thanks a lot in advance.

after filling up itr5 when i try to generate xml it shows follow proper sequence calculate set off ,then calculate cg lottery in schedlue SI and then calculate tax and verify figures before generating xml.
can anyone help me out to sort this problem

I want to know about Advance Licence for duty free import, so please let me know about procedure and fees for Advance Licence from DGFT

We claimed dutydrawback in Feb-14 on Export but still we have not received the same.
Today, i find out current status on icegate.gov.in - its showing updating scroll
Mark ID : 20.02.14.

Now in case what i have to do ??

reply on urgent.

Thanks
Mukesh Sharma

What is the meaning of EPCG Scheme?
what is the benefit and procedure for it?

How much gold can be brought in India from other countries as per legal rules and regulations in force?
And what are the procedure/formalities for it?

Which supportive documents are needed?
And how much duty is to be paid?

Dear all,

I want to know that if i have to pay duty on the used gold ornaments( 120 gms Thali(mangal sutra) with chain,bangles,engaement ring & earring) which i brought from India. At that time i was not aware that the weight of gold has to be noted in Passport by the authority. it was not acknowledged in my passport.If i wore the same when return to india, may i have to pay duty? pls reply.