I am importing materials from japan which are to be used in manufacture of goods which are then exported.

My query is that while importing materials, whether I am liable to pay custom duty ?

Is there any way to avoid custom duty payable on port ? Because I am exporting the goods

Also guide me difference between duty drawback , rebate and bond while doing the export

Sir,
If the iec code certificate hard copy is not available or yet to be received. And having valid iec code, taken online.
How to clear the goods on the basis of online iec code certificate ?

Very very urgent.
Regards,

For doing export to Iran, by mistake i have filed the export shipping bill in USD instead of INR. Whereas my payment has been received in INR in my UCO Bank. Now the UCO bank is demanding for the Shipping Bill in INR only. What is the solution to this problem ? How do i resolve this issue ?

There is recent notification by DGFT dated 18th April 2013 wherein the SFIS benefits of 10% of free foreign exchange now will be calculated on the basis of net free foreign exchange earned (i.e., after deducting foreign exchange spent from the total foreign exchange earned during the financial year).

However it is not clear whether foreign exchange spent includes spent for imported materials also or services only? If company pays say royalty to any foreign company, will the same gets included in foreign exchange spent?

Exports proceeds which are realized after goods are exported is converted to FOB Value (INR) based on Customs declared Exchange Rate.Please advice which date is taken for the benefit calculations. Is it Shipping Bill Date or the Let Export Date?

any time limit for the filling of bill of entry u/s 46 for home consumption

Dear SIr,

Currently we are looking for an import of a snack food from Philippines. I have referred to the Tariff notification for BCD as given by India for ASEAN Countries & specific tariff commitment given for Philippines.

In this case, my query is what shall be the rate of BCD to be taken. Is it like we have to take the tariff rate that is most beneficial to us?

As the notification for ASEAN countries also includes Philippines in that. It then means that such tariff commitment rate given supersede the tariff rate given for Philippines specific.

Please respond on the same.

Sir

We are planning to buy a software from ebay.in (GLOBAL EASYBUY). The seller is in abroad and ebay.in has listed the item in INR. The item price includes custom clearance fee and shipping fee etc. The seller says they will give me an invoice at the time of delivery and it will not contain any receipt for custom fee paid. Since this product is coming from abroad

1. KINDLY LET ME KNOW IF I HAVE TO HAVE A COPY OF CUSTOM FEE RECEIPT?

2. WHAT OTHER RECEIPTS I SHOULD HAVE TO USE THE PRODUCT LEGALLY IN INDIA?

Movement of goods from one customs warehouse to another customs warehouse, filed Shipping Bill for export of Duty free goods ex-bond and mentioned amount duty amount (Total Duty Foregone) and sale of value of goods.

But, how this (TDF) is relevant for clearance of goods at the time of Ex-bond B.E.

In the place of TDF words what other words can be used ?
Total Duty Involved Rs: --- pl. suggest.

The importer at the time of clearance from Customs Warehouse, has submitted CDEC ( Customs Duty Exemption Certificate) under Cus Nofn. 39/96 for Defence supplies.

AS far as value is concerned, for ex-bond, the value of goods are higher than into bond goods and at the same time duty also proportionately increased.

Our Query is the total duty amount which was shown in the S.B., shall be compared to Ex-bond B.E when the importer clear the goods under Cus Notfn. 39/96 ( fully exempted all duties) & submitted the CDEC .

Is it correct or not ?

It is my opinion that when the goods are got exempted by virtue of Customs notification no. 39/96, the duty amount which was shown in the S.B is not at all comparable with the clearing value of goods and duty.

The above query is raised by the Superintendent of Customs & Central Excise, Hyderabad.

Pl. justify as early as possible.

Dear sir,
I have Following doubt .
1. duty paid in connection with import of product .
whether it is added to cost of purchase or traded as expense.
2.If imported product are export
In this case whether we have get any exemption on customs duty which we are already paid .If any such exemption is available kindly advise formalities for claim that benefit
Thanking you in the mean while
binu