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.

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?

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,

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.

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.

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.

pls anyone help me for proper procedure for refund of import duty.

Dear one, often, due to financial implications, we unable to clear our containers on time, due to this after 14 days free period , we facing huge loss by paying the demurrage charges,pls advice is there any way available to avoid or edge the demurrage fee,

we have imported electronics cards /modules our consignment is detained by delhi customs saying that it is old and used goods and they require noc from ministry of environment and forest we want to know which department we have to write application and how to proceed for the same.
please help us to clear our detained consignment from customs.
please reply,
thanking you,
amit rajore
mobile - 9730595241

Hi All,
We run a firm which was selling garlic in open market (non taxable). Now we planned to take that to next step. We decided to make it as branded and sell it with container. So here's the question,

1. Is there any necessary to obtain a food safety license for that, since it was a non taxable good.

2. Is it taxable if we processed and make it as a brand?

3. If the above questions returns true, then how to obtain food safety license and
tin number for that?.