i was informed that there is a mumbai HC judgement on the minimum margin on High Sea Sales.

Can anyone forward the details immediately.

hello every one.i have a query about high seas sales. The concerned firm does high sales but at a profit margin of more than 2% (say 10%) on the basic cost of import. Are there any compliances about this? In this situation what we are supposed to do ?

HOSPITAL RUN BY A CHARITABLE TRUST WOULD LIKE TO IMPORT SOME MEDICAL INSTRUMENT. ARE THEY ALLOWED ANY CONCESSION IN DUTIES? IF YES WHAT ARE THE FORMALITIES TO BE COMPLIED?

we are a australian co. having registered liasion office in india, & have imported certain items for use of our customers. the items are imported through courier mode as we are yet to register our 100% subsidiary indian company & thereafter obtain the IEC for importing through cargo mode.
In view of the above, how do we go about declaring to the customs for clearence without incurring any penalty charges?
kindly advise on mode of import without incurring additional cost of penalty till we obtain the IEC code?

Dear Sir,
Can we utilise Advance license against duty paid materials in rebate claim & the completion of Advance license with out any import in Advance licence.

Thanks & Regards,

ORIGINAL ARE-1 & SHIPPING BILL COPY(EP) COPY NOT YET RECEIVED AGST OUR EXPORT IN JAN 2011

PLEASE ADVICE THE FOLLOWING DOCUMENTS CAN BE SUBMIT AS A PROFF OF EXPORT

1) BILL OF LADDING
2) BRC FORM 22A

OR ANY OTHER DOCUMENTS REQUIRE TO SUBMIT

TAWANI A.G.

can anyone tell me the meaning of EXCLUSIVE ECONOMIC ZONE in simple words?????????

whether 200 nautical miles is INSIDE THE SEA LINE OR FROM THE LAND MASS????

thanks in advance !!!!!!!!!

We have imported an product for which We have to pay 40000$ to that party we partly give 10000$ thru EEFc account and balance thru Forward conversion plz tell me how to book that payment in tally and what rate will be used as there is no Dollor exchange rate can be used For 10000$.

Dear All,

We are importing computer softwares, liscences from USA for software development, and these imports are done through Data Communication links. While making payments for such imports, what would be the relevant supportings apart from Invoice that should be placed before Authorised Dealers and Bankers to prove such imports as they dont have any BOE.

Dear All

While filling details of Import Pyments , we also have to fill Harmonised System of Classification. So from where to find out this classification in respect of Imports

Thanks