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

Can any one let me know whether truck tyres are included in the Focus Market Scheme & also in the Focus Product Scheme. Also whether export to Nigeria will be eligible for Focus Market Scheme benefits for truck tyres.

Sir/Mam

Please clearify me the procedure of Improt of Goods with document whatever is complete at the time of import form Consignor to Custom & how to release our goods form custom.

Can any body suggest me the rate of duty drawback available for export of truck / bus tyres. Also how does the drawback scheme works, pls. highlight.

Hi, I've registered office in Andhra Pradesh and administration/development center in Bangalore for my software company. Now, I would like to apply for Importer Emporter Code. Regarding this, I've 2 queries
1)Whether I need to mention my admin/dev center in Bangalore as branch office or not.
2)Since I don't have internet banking with any of the banks listed in DGFT website can I use my friend's internet account to make a payment during filing of IEC application in online?
Thanks in advance.

with rgds,
Prasad

We are a Company and wants to Import 100 Laptop from USA. How much will be the duty (Basic + CVD +Special CVD +Higher Educ Cess)

Hi

I have import a material six months back and now this material is got defective and supplier is ready to supply new piece FOC against the same, so pls. confirm, will i have to pay customs duty in this case

Vikram

For an exporter what should be the proper accounting treatment of dutydrawback at the time of claiming and at the time of receving the drawback.

It is a continuous process ie transactions are on frequent basis.