My Client is a Manufacture of some heat measurement Item and also does trading of some imported items. It acquires some raw material from Import purchase by paying custom duty.
1. It purchases Material(importd from Belgium) for Reasearch & devlopmet purpose and utilised solely for inhouse R&D.
2. It purchases Materia(imported from Belgium)l for Trading.
3. It purchases material (imported from Belgium)for manufacturing and utilised in the process of manufacturing to make finished product (ie., heat measurement item). My query is that in which of the above three cases the client can get cenvat credit for custom duty paid. Can it avail Cenvat credit in all the three cases for Custom duty paid.
Thanks
Nayan Dey

Dear expert,
we have wrongly credit taken on additional duty of custom u/s 3(5) in service tax liability for last two years. now we want to reverse the credit already taken by paying the amount. whether there is penalty liability also arise for wrongly credit taken.

Hello everyone,

Recently I have imported rough diomond around 13000$ and export them to same party after doing job work an 16600$.
now if party will deposit the same profit amount in my account 6600$ then if there is any problem done with legal point of view or taxation purpose?
Or what process should I consider regarding this?

Thanks in advance.

Sir, we are an exportcompnay wanted to know that we going to export a detergent powder and for that we have taken Sluury and Soda as a raw material so which CT bond has to be taken from Customs

Hi Sir/Madam

We are 100% EOU unit
So, while Exporting Finished Products(In Wooden Boxes) in containarised cargo, can we send loose cases (plastic Bags) in the same container....?
And Is it required to mentioned description of loose cases in Invoice,Packing List,Tax invoice & ARE 1 documents...?

Dear Sir,

we are a SEZ Unit. We want to purchase the goods from Switzerland and sale it to the client in India which is a DTA unit. The seller in Switzerland will raise the invoice to us and we will raise a invoice to the client in DTA. Can we do high sea sales and still the goods can be imported in to our SEZ unit for further packaging job on behalf of the client.
one more clarification needed is, can the client in DTA file the bill of entry and clear the shipment from the port directly if we give a bond that material is sold by doing high sea sale transaction or only we can file the bill of entry?
Please give your inputs regarding high sea sale transaction as we are doing it for the first time. Also please advice about documentaion part.

Thanking you in advance.

can i submit claim of various boe and commodities in single application,? can i submit online or through cha ?

thanks!

We are manufactures of commercial vehicles and we are importing materials which will a part of our finished goods, can u tell us whether we can set off all customs duty and we already registered with Excise/Service Tax etc., and this is newly setup company.

1. how to write a letter to a bank to make payment to overseas vendor in foreign currency.

Please send me the format
2.how do we get the payment receipt advise from the bank? what is the procedure to get it.

Dear Sir,

We are small software development firm. We shipped electronic Items such as set top box, harddisk and projector from usa to pune office for software development. All these items are not for commercial purpose. consignment is stuck in custom and they are asking for MOEF clearance.

Can you please guide us how should get it?
We are pune based so can we get it from pune?

Thanks
Krushna