CA Ritesh Jaiswal
This Query has 1 replies

This Query has 1 replies

25 January 2012 at 13:03

Custom duty & sales tax

Dear All,

My Company is importing certain goods on behalf of our client.Client issuing us the "Project Authority Certificate" to avail benefit of concessional rate of duty.My company has subcontrated this job to another co.My query is
(1) whether we have to also separtely issue Project Authority Certificate to our subcontractors? If Yes, then who is authorised to issue?
(2) whther this transaction will amount to Sale in transit under Sales tax act?

Please reply as early as possible.


jaydeep
This Query has 1 replies

This Query has 1 replies

sir as per your suggetion i have read whole pdf file. in that file it is written that as per Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods)Rules, 1996. you have to take registration from AC/DC of excise.

I have already excise number. so is this registration is over and above excise registration(ECC No.).
if yes than kindly link format of application which i have to submit to AC/DC


SHYAMLAL KAYYARUVATH
This Query has 16 replies

This Query has 16 replies

25 January 2012 at 10:44

Customs duty

DEAR SIR,

CAN ANYBODY EXPLAIN THE VALUATION METHOD OF CUSTOMS DUTY.


REGDS

SHYAMLAL.K


Babita
This Query has 1 replies

This Query has 1 replies

Is there any increase in basic exemption limit of excise from 150 lakhs to 3 crores and if yes from which date it is applicable
Help me out its urgent

Thanking you


aakash dhawan
This Query has 2 replies

This Query has 2 replies

24 January 2012 at 13:32

Duty on import

i wish to purchase a mobile from abroad..please help me in calculating the duty that i'll be required to pay...



Anonymous
This Query has 2 replies

This Query has 2 replies

23 January 2012 at 16:59

Epcg

We are a manufacturer-exporter.
We want to import some tools to manufactur our export product. These tools will be used by our vendor on their machine to produce our product which we will export.
Can we import these tools under EPCG scheme? We can complete export obligation in time.

If not please suggest suitable measure to save import duty.


Siddhi Nath Chaturvedi
This Query has 1 replies

This Query has 1 replies

23 January 2012 at 13:10

Advance lics

Sir,
we are sending A Export of White Master Batches So can we give the reference No. of recently filled License E-Com Application on Shipping Bill.


SHYAMLAL KAYYARUVATH
This Query has 1 replies

This Query has 1 replies

23 January 2012 at 12:50

Duty calculation

DEAR SIR,


WE ARE IMPORTER OF HEAVY MELTING MILD STEEL SCRAP.WE HAVE BEEN IMPORTING HMS @350 $ PER TON(AS PER SUPPLIERS INVOICE)BUT THE CUSTOMS DUTY IS CALCULATED ON 490$ NOW WE NEED TO DOWN LOAD 8FA FROM SALES TAX SITE AND WANT TO SPECIFY THE VALUE ON 8FA.THEN HOW CAN WE CALCULATE THE VALUE.IF U ADVICE ME TO CALCULATE ON THE BASIS OF CUSTOMS VALUE(ON BILL OF ENTRY)THEN HOW CAN I TALLY THE SUPPLIERS LEDGER WITH OUR LEDGER.NOW SALES TAX AUTHORITY(CHECK POST)FORCING US TO CALCULATE ON THE BASIS OF BILL OF ENTRY VALUE ie.490+DUTY+FREIGHT. CAN ANYBODY GIVE THE CORRECT GUIDELINES.


BHAI(SAI) DUPARE
This Query has 6 replies

This Query has 6 replies

22 January 2012 at 22:35

Eefc account for exporter

please guide me benefits of EEFC account for exporter and also explain how is it work? i am new in export business.



Anonymous
This Query has 1 replies

This Query has 1 replies

21 January 2012 at 15:11

Books in library

We are a new MNC company into the manufacting & exporting Auto components. also we have imports. Our import & expot turnover is high.

Hence always we have to deal with Customs, Excise, DGFT, EEPC, EIC, Banks etc.

For this purpose we want to purchase new books/material in our library for the use of our officials.

Can somebody will guide us on this.





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