We usually accept payments against export goods using SWIFT / Wire but the buyers ordering small quantities always ask to transfer payments via PayPal.

Kindly advice how to realize visa payments against export payments. How to make BRC and how the bank will issue GR. Any norm(s) please?

Duty drawback is an essential part of our income and we can not just leave around 10k on small shipments :(

Dear Sir,

If i import a testing device for resale in india. can i get a 4% CVD benifits if a exporter paste a MRP tag on device in INR.

Company is importing items purely for treading, Product does not fall under section 3 (Goods will NOT assessed based on MRP)

my question is:
1. Can we get SAD refund?
If yes,
2. Can we also claim CVD in Excise along with SAD refund?

Dear Sir,

We are authorised distributor of Stardex Finland), a common rail direct injection testing equipments in India.

We are importing these device for resale in India.

We want to know if manufacturer(exporter) paste a M.R.P. tag on device in INR on device, is there any import duty benefits to us ?
Hoping your valuable suggestion.

We have puchased flexi tanks for export of castor oil as a packing material and custom duty has been charged. wheather custom duty paid on packing material used on export goods can be a refundable or not?

CAN ANYBODY EXPLAIN WHAT IS COUNTERVEILING DUTY AND HOW IT IS LEVIABLE AND WHO NEEDS TO PAY THE SAME.

We have puchased flexi tanks for export of castor oil as a packing material and custom duty has been charged. wheather custom duty paid on packing material used on export goods can be a refundable or not?

Dear Sir,

We are the manufacturers of M.S.Wire and export the same goods to Nepal. we sale the goods to Nepal without payment of Excise Duty by obtaining the LUT from Asst. Commissioner of Central Excise.

Someone informed us that the exporter is eligible to get the benefit of Duty Entitlement.

Kindly explain us Duty Entitlement Pass Book Scheme.

Regards,

Prem Chandra Thakur

Hello,

We have a customer who need in-bond sales.
We import to equipment in our company name & transfer to customs bond warehouse.

On receiving customer purchase order, in-bond sales agreement and other documents. We de-bond the equipment and bill to customer in INR.
Do we need to add VAT.

Please share your input.

Thanks & Regards
Park J Davis

What is the step-wise procedure to get an assessed Bill of Entry reassessed after adjudication of appellate review and adjudication.

The clearance was not provisional. Instead, it was merit-based per revenue interpretation. Hence, a case where we paid higher import duty and filed the appeal. The tricky part of it is that Commissioner (Appeals) accepted the concessional duty notification to be invoked and have reduced the BCD from 10% to 5%, but not the corresponding CVD. That means there will be an impact on the CVD too for claim of refund.

Suggestions are welcome on:
1. Procedure of reassessment
2. Do we need to reverse the CENVAT credit availed through CVD levied in original assessment.
2. Does it require a certificate of Excise Department??

Best Regards
PP Bhattacharya