Hi,
Plz clear my doubt:
My company is providing services to out of india. We recd 45$ per transaction but such payt is recd via intermidiary(Co) who deduct his commisiion @2$ per transaction.

Now my doubt is FOB for Tax audit report is on the basis of 45$ or 43$..??

Plz clear it.

Thanks.

Dear Sir,
In export case, How many FOB value required form SDF?

A DTA unit imported a machinery (inventory for the unit) and delivered it directly to its customer which is a 100% EOU in order to avoid freight expense. Is the dta unit liable to pay custom duty or will the duty be exempt as the delivery was made to a 100% EOU?
Please provide relevant notification or case law, if possible.

Sir,

In case of an 100% EOU ( Pharmaceutical company) can do theJobwork/sub-contracting on behalf of DTA unit without directly Export from such (EOU) premises. Material sent back to DTA unit after processing. Pl let us know the relevant notification/Circular/case low which allow to do the jobwork for DTA unit by EOU.

Rgds,

Import duty is levy to control imports for protection of domestic business then why export duty levy required?

We are dealing in importing of a camera chip for machine. We just make the outer body of the chip and sell it for machine systems. Now even after processing(as in mounting the metal body on camera chip) item HSN/Excise code remains the same and also we sell by the same serial no with which it comes from our principals outside India.

We want to sell this product outside India but after paying import duties in india it becomes very expensive. Is there anyway to claim the import duty drawback for the products we export, because we are not doing any major processing on the imported good.

Thanks
Akhil

Dear Sir

Can any one help me that if we are entering in High See sale Transaction the bill of entry should be fill in which name in the name of importer or 3rd party name ,

Its urgent please clarify the same
Regards
Chittaranjan

can a frist stage dealer (Trader)Claim duty drawback of excise duty paid on purchase of goods which are exported?

Dear Sir,
Exchange control copy submission to bank is not mandatory if your payment below USD $ 1 Lakh,
this information corrects or not.

Notification No. If possible

Hi

We are in a business of importing branded apparel and accessories and retailing it through retail stores in India. In the process we end up with significant volume of unsold products.

Need clarification that if we want to return such unsold goods to the original vendor,

1.can we claim duty refund under customs act.
2. If yes, will such refund be refund of duty or can it also be interpreted as export and hence drawback of duty.

3.What is the timeline to obtain such duty refund. Is it a structured process or there is major element of satisfaction of authorities.

Request views from experts who have been dealing with such imports/ returns