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
importing to sunglasses and frames from u.a.e what is the import duty tariff
can anyone tell me whether DFRC (duty free replenishment certificate) is freely transferable or not??? & how exemption is claimed is it after export or it can be claimed at the time of import only.
Hello sir
we buy imported goods in indian custom auctions and sell in market. i am a trader
now i bht 60 tonn of Polyproplene. and i wanna sell it to another person who is having excise unit in gujrat. if i sold him this material then can he get modvat benefit ?
Dear Sir,
We are having SFIS Script for our Distribution services ( Agent & Retailing ). We don't have manufacturing activity. Unable to use for capital goods import. we are having script for Rs.10 Lac's. How we can utilize?
Kindly clarify.
Thanks in advance.
who is the best teacher for ipcc taxation in west delhi exept ajay jain and m k gupta because both are very costly
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Refund of import duty for export of imported goods