A society registered under the FCRA wants to import hospital equipment and furniture..

How can it claim exemption from the import duty ?

Dear Sir,

We import the hardware mainly from Taiwan and sell to customers along with the software that we have developed.

There are broadly 3 kind of tracking hardware:

(1) Trackers used for vehicle tracking and fleet management: They have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. It also has audio capabilities to be able to speak to the driver.
(2) Trackers used for personal tracking: They also have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. It also has audio capabilities to be able to speak to the child or the person having the tracker on him
(3) Trackers used for tracking of ships / aeroplanes: They also have a built in GPS receiver, GSM module, a CPU and a OS running inside to send data via the GSM network to our server. They also have an Iridium module so that if cellular coverage is not available they can transmit the data via the Iridium network.

I seek your help in the following:

(1) Under what HS Code should the above items come and what should be the custom duty on them?
(2) Would the import of the above trackers be restricted?

Thanks for your answer

Hi, Can i Get iec code with pan number ?

Dear Sir,

The goods is in transit under the terms of CIF Import. This is our purchase from outside India. Can we make provision of Goods in transit of CIF consignment at the time of closing of books as on 31.3.?

Please revert

Hi,
We have one Shipment in chennai port , we don't have IEC and it is under process.
We have dummy IEC .
In this situation
1. Can we sent back that shipment to supplier.
2. can we re export (sales ) to other country.

Hi.

Could you please tell me what is the import duty on corrugated boxes, paper boxes imported from China to India.

Also let me know any important things to be taken care of while importing from china or any duty drawbacks etc.

thanks
ashwin
awinon@rediffmail.com

Please Any one can help me about custom duty on usb flash drive in india !

I am from China . One of my indian Customer wants to Import usb flash drive from China to India.

He wants to know about custom duty on usb flash drive in India.

Product Name: usb flash drive 4GB
H.S. Code: 85235290
Total Quantity: 5000 pcs
CIF Mumbai price : 17.85 Rupees/ pcs ( In Invoice)

Please tell me total Custom duty will be how much in India.

Please send me an email for this.





Thanks and Regards

Dr. Russel

REDRA BUSINESS CO., LIMITED

redratech@yahoo.com

Mobile: +86 15915818045

Dear Sir
Here is a case where my sister concern raised PO directly to several suppliers. Now my query is that can we put the export material in our company warehouse

What will be the accounting entry for goods imported under the scheme of DFCE and thereafter how will be credit taken on such additional duty?

Can u solve my queries given below?

1) Do we need to pay to get DEPB/ VKGUY license? Ie Is there any cost to get such license????

2) When we sell such license to third party ( in market) at premium, say 95%, it means, sales price is 0+95% or 100%+95%(Cost + Premium)???

3) Can we import specific goods or components,which we otherwise cannot import, by using such import license??

4) Can we entitle to receive incentives by way of cash assistance & import license on the one export sale, at the same time????

Thank You

Best Regards
Ashwini