HEMANT
This Query has 1 replies

This Query has 1 replies

18 July 2011 at 14:55

rainwater harvestion projects

I import material for using in rainwater harvesting project that is used in recharging water of earth. please tell whether i can avail custom duty exemption on these products. whether exemption available to water purification projects can be availed .Though our project acts to recharge earth with clean water irrespective of its use for human consumption or industrial use.


CA Abhiram Bharat.
This Query has 1 replies

This Query has 1 replies

15 July 2011 at 15:51

custom records seized--urgent!!!

HELLO EXPERTS,

OUR CLIENTS PURCHASE RECORDS HAVE BEEN SEIZED BY CUSTOM AUTHORITIES.

WE, AS THE AUDITORS, NEED TO EXEMINE THE RECORDS BY OBTAINING THE XEROX COPIES THEREOF.

KINDLY SUGGEST ME AT THE EARLIEAST,, THE FORMAT TO REQUEST THE RECORDS IN XEROX COPIES FROM THE CUSTOM AUTHORITIES.. I KNOW WE HAVE TO MAKE A DESCLAIMER IN OUR REPORT..

KIND REGARDS-

ABHIRAM



Anonymous
This Query has 3 replies

This Query has 3 replies

15 July 2011 at 13:10

MODVAT against Import Duty - Claim

Dear Sir,

We have just started a new import/export company registered in Mumbai.

Our product is ferrous scrap HS(ITC) 72044900

We confirmed the duty structure from the clearing agent as below:
Custom Duty: Nil
Excise: 10%
Edu Cess: 2%
Addl Edu Cess: 1%
Edu Cess: 2%
Addl Edu Cess: 1%
Addl. Excise: 4%

My apprehension is, when I import the same with above duty structure and sell it to the end user (factory), I have to pass on the excise bill and VAT bill.

Can you please let me know, when the user claims the MODVAT, is he able to claim the entire duty structure (i.e. 10+2+1+2+1+4) or is the MODVAT structure reflects something else?

Please advice urgently so that we can plan our import.

Thank you.

Regards,
Krunal
Mumbai


sweetygurbani
This Query has 1 replies

This Query has 1 replies

14 July 2011 at 21:12

2gb memory card ship ment in india

hi sir,,,,,,
i bought 250 pcs micro sd memory card of 2 gb and i want send this shpment from dubai to india at ahmedabad gujarat by courier...
i allready asked courier company they told me that i have to pay 20 aed (dirhams) for parcel and abt custom duty they told me that they dont know there is how much duty
so sir plz let me know there is any duty ?
if yes then how much?
m waiting for ur reply
ur faithfully
dk
thanx sir


rakesh jain
This Query has 3 replies

This Query has 3 replies

14 July 2011 at 16:05

help regarding C&F agent licence

Any body can tell me from where i can get information regarding license of clearing and forwarding agent and what are other legal requirement of getting that like what documents,what qualification,etc.


BHAGYESH RAVANGE
This Query has 1 replies

This Query has 1 replies

13 July 2011 at 12:46

Bill Of Lading

My question is, whether the Bill Of lading mentioning X as a port of loading can be loaded from the Y port?


Jitendra
This Query has 1 replies

This Query has 1 replies

13 July 2011 at 11:22

Impact on IEC Code

Dear Sir,

Kindly let us know if we change status of our concern Proprietorship to Partnership, will we need get issue new IEC Code or old one is ok?

Hope to hear from you solution soon.

Thanks & Regards
Jitendra



Anonymous
This Query has 1 replies

This Query has 1 replies

13 July 2011 at 10:29

Import of Raw Material

dear members,
if the goods are imported under CIF basis, then do the purchaser has to show that goods as goods in transit even before the goods reach the Indian Territorial water (i.e., 200 N.Mile)??
kindly explain relevant provisions of AS / IFRS and give ref..
reply at the earliest.
thanks in advance


R.Ramesh Kumar
This Query has 2 replies

This Query has 2 replies


I want to know the procedures, forms and percentage of duty to be paid for importing solar panels. Any concession, exemption for importing solar panels , the forms to be used for getting it.Thanks


anckoora
This Query has 5 replies

This Query has 5 replies

11 July 2011 at 16:24

Imports from Singapore under FTA

Dear Sir,
I am importimg Solar Glass Tubes from China. Product HSN Code is 85439000. Actual name of my product is "Vaccum Tube Solar Collector". At present I am paying 10% Basic Custom Duty & $ % Addl. Duty. After importing I sell it in india to Solar Water Heater Manufacturers.

(1)Now, I would like you to refer Noti.No.75/2005-customs dt 22.07.2005 and Sr.No.2260. Under this, if I import from Singapore, the I get "exemption from so much of the duty of customs leviable thereon as is in excess of 95% of the applied rate of duty" Pl. go thro' this noti. & let me know, how much % of duty exemption I will get - if I import from Sinagapore.
(2)Also refer Noti No 21/2002-customs dt 01.03.2002 - Sr.no. 223. This entry is for "Vaccume Tube Solar Collector" I can import in that name and provide me full HSN code under chapter-84. Under this also, I can get exemption / concession. Pl. study it in detail and let me know.

awaiting your positive reply, I remian
anckoora.





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