Dear sir,

Pls help me some account treatment & journal Entry for Import and export , Excise duty and Duty drawback etcs.

import duty structure on refurbished mobile purchased through post/courier for selling purposes

Dear Sir,

I want to import some memory cards from china,they are sending it by DHL cargo so i need to pay any custom duty or it is already included in DHL Invoice please guide me.

Please let me know whether anyone is aware of the benefits that can be availed in respect of Indirect Taxes for Construction and Running of Hospital under a Private Trust such as:

1) Relief in Custom duty for import of medical equipments.

For eg. we have EPCG(Export Promotional Capital Goods) & DSIR (Department of Scientific and Industrial Research) benefits via notification for equipments imported for scientific research.

2) Abatement in Service Tax for service rendered and received

3) Abatement in Sales Tax for local procurement.

Hi,

For export of KPO Service, is import export license required. Please provide relevant notification or clarification on its applicability........

Dear Sir,

If we received Scroll No and Date on ICE GATE site then within how many days the amount of duty drawback will be deposited in out Bank.

When Bank will inform us about the credit of duty drawback amount?

How many days generally bank will takes to inform the exporters regarding credit of duty drawback amount?

Can anyone tell me what is the time limit for obtaining/submitting a BRC in case of export proceeds.
Which notification/circular of RBI or customs can i refer...

Is there a system within Indian Customs Tax Law that allows for a Custom Tax swap for goods traded between India and the USA?Example: If I wish to Export a product from the USA to India and there was a duty payable to Indian Customs of $100,000 USD and I also wished to Import to the USA products from India with a duty payable in the USA of $100,00 USD, would the duties cancel out each other so that I would not have to have a tax loss on either trade.

Dear Members,

As per the recent budget amendment, there is no Education Cess or Secondary and Higher Education Cess applicable on CVD.

My doubt is, in case Basic Customs Duty is Nil, but CVD is applicable (i.e. 12%), education cess has to be charged on the total duty (i.e. on BCD + CVD)?

Let me explain my doubt with example:

Assessable Value : 100

BCD : NIL

CVD : 12% (No Cess Included)i.e Rs.12

Customs educ cess : (2% on BCD+CVD)i.e Rs.2.24
CustomsS&h Edu cess : (1% on BCD+CVd) i.e Rs.1.12

My doubt is whether i can take cenvat credit i.e Rs. 2.24 and Rs. 1.12 kindly clarify

regards

ravindra

We want to import of rubber west. We will process the same and sell in India.

Please let us know what will be the import duty for the same.
Any special permission from any Govt. Department or special import license is required for it.

Please confirm.

Thanks in advance