If i want to claim remission for loss of volatile goods due to natural loss, can i claim the same under sec 23, even though separate sec 70 addresses specifically the same case?
because sec 23 is a general section for remission and it does not write 'except the goods covered u/s70'.....

I want to know export should be made under foreign cuurency or not
If yes or no what are the implication on duty draw back schme

Dear Experts, need your valuable inputs on the transaction as mentioned herewith:

1. A (Thailand) is selling goods B(India)
2. B(India) will further sale it to C(Srilanka)

Now, the qurey is:

Whether Goods Sold by A (Thailand) to B(India), can be dispatched directly to C(Srilanka)without entering goods in Indian jurisdiction?

What documentation needs to be prepared by B(India) and C (Srilanka).

Regards
Suneel Sakpal

PLEASE TELL ME OR MAIL ME THE EXPORT & IMPORT PROCEDURE & DOCUMENTATION AND ALSO TELL ME THE PICES OF DOCUMENTS NEEDED FOR EXPORT & IMPORT PROCEDURE & CLEARING CUSTOM IT IS VERY NESSEARY FOR ME URGENTLY HELP ME

MY EMAIL ID IS: sumanpandit004 @ yahoo.com

hello can anyone tell me that the Duty Drawback Received by an Exporter to be considered as Taxable Income?

DEAR EXPERT
WE ARE TRADER OF IRON SCRAP IMPORTING FROM GULF. IS CVD LEVIED ON US IF LEVIED THEN WE CAN PASS TO OTHER BUYER OR NOT OF BCD, CVD AND ACVD.
THANKS

Dear Sir/ Madam,

I have a query under duty draw back scheme -

Eg. My product PMV is ------ Rs. 30 and FOB value of product is ----- Rs. 80, in this case i m entitle to claim duty draw back on Rs. 30 or Rs. 80.

Please clear it.

Hello sir/ Madam.

I want to know :
1) purpose behind introduction of BRC. Why it is needed.

2) Within how much time the export proceeds has to be realized in india.

3) Function of Shipping Bill and How the same comes into existence./ generated.

Hello Sir/ Madam,

Actually i am preparing a certificate taking eBRC as proof of export proceeds realized in India to be signed by A Chartered Accountant. Which amount of foreign exchange and exchange rate should be taken.
That is forex including commission , freight charges etc or
excluding the same.

The certificate is being submitted to various govt. department. under FEMA or RBI provisions.

Thanks in Advance.

Hello Sir!
THis is Amir.

A certificate is being prepared by Chartered Accountant based on e BRC to be submitted to various govt departments certifying the value of export proceeds realized in India.
In old BRC, value being taken was

(forex-commision) * exchage rate
i.e without commission.

now in case of eBRC which amount to be taken

In short which amount of foreign currency is to be taken to show in certificate.
i.e with commission or freight etc or
net figure after comm freight etc.

Thanks