one of my debtor party is in Singapore & m importer of goods from china so i hv one creditor in china so plz suggest me that it is possible for me to tell Singapore party to pay directly to china without any transaction in India
plz suggest me soon its urgent

I have read the guidelines provided on DGFT regarding IEC online application but unable to understand the following matters:

1. Is it necessary to submit application along with necessary documents, although I submit the same online.

2. what are the various documents required for a Pvt. Ltd. Co.

Please give me reply ASAP.

Thanks

We are a manufacturer and exporter.

with export shiipment we are sending ARE-1 original & duplicate copy which is enorsed by customs.

Please let us know customs endorsement on sixtriplicate copy is required.

Can we produce original & duplicate copy in DGFT/Customs while closing license/bond cancellation etc.

what is the procedure for Customs registration and what is CT-1 and when it is used how to collect it

Dear sir,

Can u send me a vat rate chart according to different commodities and different state in excel file.

I will be very thankful to you.

Thanks & Regards
Mahesh Jain

Our Company is sole authorised representative & distributor in India and Bangladesh for a German pump manufacturing company.
We have now secured a direct order from a company in Bangladesh for supply of spares mfg. by our German principal. The order is placed on us to supply original German spares and the payment will be through L/C by the Bangladeshi company to us.
We have accordingly placed the order on our German principal and we will pay to our principal after receipt of material.
So, we will buy the material from our German principal i.e. import and then sell the exactly same material to the Bangladeshi company i.e. re-export.
My question is can we airfreight this shipment directly from Germany to Bangladesh on our invoice and packing list and with German ‘certificate of origin’.
Also, are we allowed to airfreight the shipment from Frankfurt to Kolkata and then re-export to Dhaka without paying customs duty.

is it possible to Set off of customs duty paid u/s 3(1).3(5) with excise duty

Can anyone explain about duty drawback procedure - how to calculate, procedure of DBK & what audit steps we can follow while doing audit??

what is the difference between the following terms?
1.HS CODE OF 4901
AND 4904
OF THE CUSTOM TARIFF ACT?

4901 books, brochures & similar printed matter

4903 children's picture, drawing or coloring books
4904 music, printed or in manuscript, bound etc or not

Hi,
I am planing to start export of scarves and shawls.
So is it necessary to register export firm under vat or sales tax for opening current a/c.
And which Bank should I prefer to open current a/c.
Please advise.