when there is a sale transaction(sez to sez)
at the time raising invoice,what is the rate of conversion as per the customs we have to put,whether it is export or import rate?

dear experts,

I have to issue the certificate of Redemption of EPCG Authorization, and i am facing a problem that
The date of exports considered in books is LEO basis (Let export order).
The date of exports considered by export manager is shipping bill basis.

My query that Which date should be consider for the such certificate?

Thanks in advance

Hello sir/madam,

i want to know that custom rate /HS code for below items.

1) 3g USB Dongle :
2) Mobile Hands free:
3) USB pen drive:
4) Hard disk Internal:
5) Mobile Phone:

please reply its HS code or rate urgently.

thanx in advance

Dear Sir / Madam,

We are an SEZ Unit. We have procured goods from DTA by paying excise duty for export. Now in the export invoice should we mention the value of goods including excise duty?
i.e. value of goods = X
Excise duty = Y

Export Invoice value will be only X or X+Y.

Please advise.

Regards,
Naresh

Sir
1. Is there any requirement to get valuation caertificate from Chartered accountant to EXPORT/IMPORT good to and from india.

2. If yes , than what is exact formate

3. if notification / circular is available please provide link.

Can We export to Nepal under rebate claim?

Do we have to pay vat/sales tax charged against sale of such( on which 4% additional duty is paid)imported goods for claiming refund of 4% additional duty although we are not suppose to pay vat as we are getting refund in vat? if yes then what will be the treatment of such vat/sales tax paid in vat return?

we are providing ground handling services at 7 Airports in India.....we are getting revenue receipt through GSA of foreign airlines....we are providing ground handling services to Foreign airlines and are raising invoice to foreign airlines....can we receive money through GSA for services rendered to Foreign airnies under Indian Law...

Dear Forum Members,

We are willing to enter Tablet PCs business (imported from china) and have a few questions regarding the same. I will be highly grateful if you can kindly help me with my questions. The details are as follows:

1) Suppose the base price for the product quoted by my manufacturer is $300. He then adds shipping cost as $10 (sea shipment) + Insurance $10 which makes the total CIF value as $320 (approx Rs 16,000/-)

2) Now the shipment arrives here in India and I produce the Bill of Entry for clearance. This is the point where the customs levy a duty on me and so I want to know the exact duty to be paid at this point. The products are Tablet PCs just like iPad.

3) Once the goods get cleared from customs, I procure them and store them in my warehouse. Afterwards, I sell those to individuals and organizations on sample, retail & wholesale basis. So what will be the VAT/CST/Service/Sales tax application to my product at this point. I will have to markup my product's MRP according to these taxes. Please provide me the details of the taxes which will be incurred to me while selling this product on a PAN-INDIA basis.

Also, in case I am missing out on something do let me know that as well. I will be really grateful to you.

Thanks and Regards,

my company purchase 1 item from china & seller charge price of 2 item after all settlements with custom and foreign transfer we realize our mistake and seller provide those 1 item free of cost
what is remedy and accounting treatment of those transaction.