Dear sir/Madam,
In the F.Y.2012-13 i have imported goods from outside India and i have paid SAD @4% and i have shown SAD amount in Current assets as SAD refund receivable in Balance sheet of F.Y.2012-13,but later i have failed to submit with in the one year so some amount has expired ,so the difference amount what should i have to do?

For example:
I have shown SAD refund of Rs.1,00,000.00(for the Period 01.08.2012 to 31.03.2013)
in that 1 BOE dated 05.08.2012 of Rs.50,000.00 has expired.(i.e i have submitted the documents In Nov.2013) Now i am eligible for SAD refund only Rs.50,000.00 .
So Expired Rs.50,000.00 how can i nullify the same.

Thanks&Regards,
Srinivas

Dear Sir/Madam

If we mention incoterm "FCA" on the commecial invoice than custom will generate the shipping bill with the term "FCA" or "FOB"

Thanks in advance
Regards
Nishant Ahelleya

Dear Sir, In which amount to charge Export duty in case of export of goods??Whether it is F.O.B. value or C.I.F. value.If C.I.F., then how will calculate the same for export duty??

If in question , landing charges are given Rs 1000. What should i do ,should i take Rs 1000 or 1% on CIF?

customs duty calculation.

We (a pvt ltd company) have got an opportunity to export an ERP software (worth Rs. 3,00,000) to Nepal, what documentation and procedure to follow to make this happen. We have got P.O. from party, we have IEC Code.

One who is manufacture Textile Yarn Covering Machines under ITC Code 84 45 3090 in india and exporting to Country like Thailand and Ethopia. Should he entitile to get benefit under Focus Product or Focus Market Schemes?

Read more at: https://www.caclubindia.com/forum/promotional-measure-under-ftp-274554.asp#.UrKUt_QW2aY

Hi,
While applying new IEC online, I have made 3 times payment by mistake for fee of Rs. 250/- and in the application fee of the form Rs.750/- is appearing.
Also application is not submitted at the last step, it doesn't shows any massage.
When I click on submit button on application page, it is not working.

Kindly suggest what to do now.

Dear Members,

Please guide me in respect of following issue.

A, a company is a manufacturer-exporter. A Co. wants to export their own manufactured goods alongwith brought out purchase (another item).
Whether A Co. can get CENVAT credit on this brought out item which they will export without any further processing alongwith their manufacturered goods without payment of duty under LUT.

Hi,
In a registered Partnership Firm A & B are the Partners. Partnership has been created under 'At Will' and 'A' being the Active Partner(authorised signatory). The Partner 'B' is not committed to his work as he himself engaged with other businesses and his code of conduct is not good.

Here, with regard i want to know is their any way to make this partnership a proprietorship or change partner B to some'C. What can i do?

Appreciate your immediate respond.
Thanks in advance!

While importing the machines company has opted the EPCG scheme and executed the party bond at the time of clearing machines from customs around 24 crores export obligations with in the period of 8 years and bank grantee of Rs 90 lcs. In the mean time within 5 years of its operation bankers seized the machines and sold the machines to the bidders. What is the consequence of the party bond and bank guarantee? when asset it self is not with the company how company can comply the export obligation? please inform me is it possible to waive the Bank Guarantee
and export obligation,as due to unavoidable circumstances company failed in its obligation.