RESPECTED SIR,
I HAVE FILLED ITR 3 ASSESSMENT YEAR 2017-18 IN EXCEL UTILITY AND GENERATED XML FILE WHILE UPLOADING RETURN IN INCOME TAX E FILING ONE ERROR XML SCHEMA INVALID.PLEASE UPLOAD THE XML IN THE CORRECT SCHEMA.AT LINE NO 2477: INVALID CONTENT WAS FOUND STARTING WITH ELEMENT ITR FORM: MOVABLE ASSET ONE OF (HTTP//INCOME TAX E FILING GOV.IN/MASTER IMMOVABLE FLAG IS EXPECTED SHOWS.KINDLY RESOLVE ISSUE. I WILL BE VERY THANKFUL TO YOU.

what is BRC?? Importance of BRC. How to obtain BRC from Bank??

Dear Sir/Madam,

I am an Indian resident travelling from Belgium to Mumbai after a short stay of 2 months. I am carrying following things with me intended to give as gifts to family and friends.

1. Jewelry valued at approx INR 58000
2. Other gifts and soveniers valued at approx INR 24000 (Articles include watches and perfumes)

Could you let me know if I need to pay customs duty on all of the above and approx how much will I need to pay?

Many Thanks

Regards,
Vikrant

I represent a pharma marketing company and we have identified a merchant exporter(lets call him abc) who is interested to export products manufactured at a pharma manufacturing company, lets call it xyz. We want xyz to bill the products to us so we can further bill to abc.
We do not wish that abc and xyz should have direct dealing between them as we do not want to disclose the rates we have taken from xyz and given to abc.
Kindly guide step by step on how should we proceed and what all formalities/documents would be required in the process.

one of our EC copy is misplaced. We have received payment in Bank. We requested our CHA to get xerox copy of EC attested by Customs Department but unfortunately Department refused to attest it. Is there any way to get payment which is lying with Bank?

How do we amend an epcg license for adding more product with different HS number

time and place of importation meaning plz

in 2008 I import a spare from china through courier and transfer the fund in foreighn currency through bank. that time bank did't demand anything but now after 8 years bank is demanding bill of entry for such import. plz advise me that, is it required to submit the bill of entry in case of import through courier and of yes then what is the consequences for non submission.

Please clear the concept of Value Addition Calculation while export of gems and jewelry.
Value Addition (VA) for gems and jewellery sector shall be as per paragraph HBP v2 .
It would be calculated as under:
A – B

VA = ----------- x 100,

B

where,
A = FOB value of the export realized / FOR value of supply received.
B = Value of inputs (including domestically procured) such as gold / silver / platinum content in export product plus admissible wastage along with value of other items such as gemstone etc. Wherever gold has been obtained on loan basis, value shall also include interest paid in free foreign exchange to foreign supplier.

If anyone, clear it with example.

Dear Sir so, I am importer of Rubber from Vietnam. One consignment fail to obtain NOC from Rubber board,the government authority to allow imports as it failed in sample testing. I already paid customs duty,SAD and other levies. Can anyone please advise how to proceed for re-export and get back duty paid.