What is DEPB? what are ite benefits?

Dear Sir,

We are manufacturer exporter. We purchase raw materials or inputs from the Indian market and take cenvat credit of exciseble goods in our Books of Accounts. From the raw materials, we produce final product and export it.We dispatch the materials under Rebate Claim of Excise duty.

Can we fine shipping bill for export product under the duty drawback (All Industrial Rates)if we availing above practice for the inputs?

Can duty drawback and rebate of excise duty both are available? If yes, then at what rates (i) Cenvat facility availed or (ii) Cenvat facility not availed?
If duty drawback rates are same then at what rates we exports the our final products?

PL. SEND ME NOC LETTER FORMAT FROM PARTNERS FOR IEC REGISTRATION.

MAIL ID : nkaco2002@yahoo.com
NILESH

Please share with me what are the documents required for Import & what are the procedures?

Thanks & Regards
Vimal Sagar

Order is received from Foreign & payment is also to be received in Foreign Currency. But goods are to be supplied in India.

Whether it constitute Export or not?

Dear Experts

We had imported materil in the month of April 2012 from japan of Value JPY 124960/- but advance paid to our supplier JPY 164960/- (JPY 124960 material cost + JPY 40000/- of Special Packaging of the material). Now our supplier had not mentioned the Special Packaging Cost i.e. we have invoice of JPY 124960 as well as Exchange Control of Copy. So duty is not paid on JPY 40000/-

So now what steps we need taken to rectify the error.

BHoop Singh

Dear Sir,

We want to import Tablet PC and accessories from China to India.

Can someone please tell me the exact duty structure like Custom duty, Excise duty (CVD), SAD, Cess, etc. Also please be so kind to tell me, is anit-dumping duty applicable on this product as it is going to be imported from China.

Some one says the duty is nil whereas some says it is 18% in total (10% custom duty included) and some clearing agent said it is going to be fix rate from custom per piece. If I am not wrong it falls under the chapter 84.71.4110

We are importers of metal scrap wherein the passing rate is decided by the customs, is it the same in this too. Meaning, whatever the invoice may be, the rate of duty will be applicale as per the customs passing rate already decided.

Also if you could add-up the VAT payable on it, it would be of real healful information for me.

Thanking you.

Regards,
Krunal Parekh

Hi, i have completed my BCom 2 years back and appeared for CA Final exams and
await the results for the same.

i am keen on doing some course in Indirect Taxes particularly either in Service Tax or
Customs.

Please advise me on any MBA Course as well.

i have no restrictions or hesitation towards place, cost, duration as long as it matters my interests.

Kindly enlighten me on the same.

Thanks & Regards

Shreya

Dear Sir,

Kindly advise for below query.

we are having excise and service tax registration and using CENVAT input.

Can we also use Costom Duty for payment Service OR Excise duty.

IF We take, What is eligibility we should have.

Thanks
venkatesh

Dear All,

I am working as an Acountant in a company, the company is importing furniture from china under High Sea Sales for another Party, now for EPCG licence we given him Proforma Invoice without freight & Insurance i.e on FOB price and the same invoice has been used for 30% remmitance to the Expoter. The party is demanding Proforma Invoice with CIF value, Can I do so ?
Please help me .

Thanks & regards-
Neeraj Kumar
email ID : kumarneeraj147@ gmail.com.