Naresh Singrakhia
This Query has 3 replies

This Query has 3 replies

17 February 2013 at 16:58

Selling capital goods from sez

Dear Sir,

We had imported an equipment as capital goods into SEZ by availing customs duty benefit. Now we want to sell this equipment to one of our sister concern company located in USA.
So now at time of export, is there any levy or duty to be paid to Customs? Please confirm and also explain the procedure.

Regards,
Naresh Singrakhia



Anonymous
This Query has 1 replies

This Query has 1 replies

17 February 2013 at 16:26

Export procedure

Hi
I want to know the complete procedure for the set up of a export business of readymade garments Plz you help me in the same.


veera
This Query has 1 replies

This Query has 1 replies

17 February 2013 at 13:18

Dta sales by eou at jobworker site

An EOU importing goods and sends it to jobworker site, after processing the goods ,EOU exports the goods. In this process scrap generated at job worker site and the same sold at job worker site or EOU site to DTA through A.P. VAT or CST. Please guide me on following queries...

1.Any duration limits applicable regarding the processing at job worker site and whether any standard input output ratio applicable
2. whether exempted import duty (EOU) again liable to be imposed on DTA sale of scrap.
3.If applicable ,whether main good rate applicable or scrap rate applicable and date of duty applicable and exchange rate applicable


Pankaj Joshi
This Query has 3 replies

This Query has 3 replies

16 February 2013 at 18:26

Sale from custom area ?

Assessee is registered under DVAT and it imports some articles from outside India to sell these products in India. Does he sell these goods directly from the custom station in India to other parts of India without obtaining separate registration under the VAT laws of the respective state where custom station falls.



Anonymous
This Query has 1 replies

This Query has 1 replies

15 February 2013 at 15:38

Tools to be import under epcg

We want to import new tools from under EPCG. It will installed at our supplier end. But from the said tools those products manufactured same will be sold in India only, as of now no any projections of exports.

But finished product description will be the same as per our other export product. So exporting different product we can complete Export Obligation easily. But no any nexus between tools & export product.

In the above situation can we avail EPCG benefit? Can we close said license successfully without any obligation from any government authority?

Please confirm.


HARSHIT JAIN
This Query has 1 replies

This Query has 1 replies

15 February 2013 at 12:30

Cost benefit analysis

Sir,
pls tell me that which is the widely used method for cost benefit analysis of Plant & Machinery?
by which method we can make decision to buy or replace assets like office furniture?


Yogin
This Query has 1 replies

This Query has 1 replies

Dear Sirs,

We have paid BCD on exempted goods and the amount is expense out as additional cost of Raw Material in 2011-12. Financial Audit is also completed.

Now we come to know that those material is exempted and applied for re-assessment and refund.

Can we prove unjust enrichment by passing JV in current year for Debiting Receivable from Govt. and credit to Import Purchase Account?

Thanks,



Anonymous
This Query has 3 replies

This Query has 3 replies

14 February 2013 at 14:46

Sad @4%

What are the Provision for Claiming SAD Refund, or SAD Credit can be Taken.

Is provision Differ If Importer is Dealer or Manufacturer.
State With provision and reference.



Anonymous
This Query has 1 replies

This Query has 1 replies

13 February 2013 at 18:24

Bill of entry

Can any one explain me...
bill of entry (trader - importer)
a BoE having:-


a.Invoice in Dollor
b.Exchange rate
c. Total a*b
d. HSS load rate 2% of c
e.Landing Charges 1% of c
f. total c+d+e
g. 5% duty charged of f
h. total f+g
i. cvd (excise duty) 12% charged of h
j. edu cess and higher cess 3% of g+i
k. total h+i+j
l. additional duty refundable 4% of k

pls explain me all these points in short.

dont post here any link.
in that only column (i) is pass on to manufacturer i.e. 12%.
rest is not passed on.
and additional duty claimed.as SAD.



Anonymous
This Query has 1 replies

This Query has 1 replies

12 February 2013 at 11:56

Import purchase payment

hello,
we have a import purchase from UK(supplier) and need to pay the full amount in advance, so we need to submit PI in bank for payment.Once the payment received to the supplier, they will inform their client at CHINA (warehouse), another firm. then, our forwarder has to arrange pick up from there.

All docs will be done in the name of CHINA company, but we paid the advance in the name of UK company. is there any issue? please advise.





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