hitesh
10 February 2014 at 18:20

Export obligation

Sir, One of my client has got DFIA, enlisting various items that could be imported duty free and export obligation to be completed in quantity and value. He has imported goods less than entitlement. He has completed less export than stated in DFIA. My qyery is that: Can the export obligation be reduced proportionate to actual import made? Pls give supporting notification /case law etc. Many thanks in advance. Need urgent, as I have to give CA Certi for redemption of DFIA.



Anonymous
10 February 2014 at 12:07

Project import regulations

Dear Sir,

If we are registering a project in customs all the items coming under the project should only be imported or part items can be purchased locally.


kindly clarify...

Regards,
e.Madhan Kumar


Guest
07 February 2014 at 14:26

Advance license

dear all. pls advice me. we are preparing special ARE-1 FORM with every advance license. some time we requires 5-7 ARE -1 for single shipment.. so pls suggest that can we club more advance licenses in single ARE-1? our range superintendent is asking for single ARE-1 FORM with more than one advance licenses..


mansi goyal
06 February 2014 at 16:54

Home consumption

Please provide me the list of goods covered under home consumption under custom act, 1962.



Anonymous

We are an exporter we buy label from the indigenous manufacturer.The label manufacturer has EPCG licence for import of Machinery for manufacturing label.We buy label from him and affix on our Final product. We want to export our final product mentioning TWO EPCG licence on of the label manufacturer and other of us in the single shipping bill is it possible? if yes should we show separate value of our product without label value and label value ?
Please reply with notification No.or Para no. of FTP or Section of the Customs Act or the decided case law.


CA Uday Kiran
06 February 2014 at 12:23

Customs duty on import of software

What is the customs duty for importing software?
Does it make any difference if the software is downloaded via internet?

Is service tax also payable on such imports?



Anonymous
04 February 2014 at 12:46

Export against ct-1

I Want knowlege how to Fill ARE-1 Form when we Export against CT-1 pl. Help.


Thanks ,

Manisha Jadhav



Anonymous
04 February 2014 at 10:33

Epcg closure

RECENTLY IN OCT 13, CUSTOMS NOTIFIED FOR CLOSURE OF EPCG DEFAULTERS. ONE OF MY CLIENT IMPORTED THE CAPITAL GOODS DURING 2002 UNDER EPCG SCHEME BY PAYING CONCESSIONAL DUTY OF 5%. AS PER EPCG SCHEME, THEY ARE LIABLE TO EXPORT 5 TIMES OF CIF VALUE. AFTER THE COMPLETION OF ALL THE BLOCK YEAR, THEY APPROACHED DGFT FOR EXTENSION OF 2 YEARS BY PAYING 2% FEE. TILL THAT TIME, THE COMPANAY COMPLETED ONLY 9% OF EXPORT OBLIGATION. SUBSEQUENTLY, THE COMPANY AGAIN APPROACHED DGFT FOR FURTHER EXTENSION OF 2 YEARS BY PAYING 50% OF CUSTOMS DUTY SAVED PROPORTION TO THE UNFULFILLED EO. DGFT CONSIDERED 9% AS FULFILLED AND DECLARED 91% AS UNFULFILLED EO. THE COMPANY PAID ACCORDINGLY 50% CUSTOMS DUTY SAVED. NOW THEY WANT TO CLOSE AS PER THE NEW CIRCULAR 40/2013. CUSTOMS DEPT. IS INSISTING TO PAY 100% CUSTOMS DUTY SAVED WITHOUT CONSIDERING 9% EO FULFILLED. ARE THEY CORRECT.



Anonymous
01 February 2014 at 20:45

Articleship

Hey, I was registered under Direct entry scheme for IPCC on 16 aug 2012 and completed my ITT and Orientation till feb 2013 and from 1st march 2013 i started my articleship training and since 9 months is completed Can i leave articleship training till my may 2014 exam ? If yes then can I join myself with some other firm after may 2014? Is it possible to take such a gap of 6 months ?


jayadevan
30 January 2014 at 07:19

Customs duty payment uder protest

In which section permits to pay the customs duty under protest.





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