hi,

we planning to purchase DEPB license for import of steel cargo. following discrepancies araise?
1. if we utilise DEPB license, is there any benefit in VAT/CST?
2. while clearing cargo we will be paying 4%Sad to govt., in this case we will able to get the refund?
(we experience that when we prove VAT/CST payment to govt then we are able to get refund)

Regards
manoj

We are purchasing materials from SEZ and using the same for manufacture and export.

The purchase invoices are raised in USD, whereas the advance payment is made in INR.

i. is it permissible to make payment in INR and book in USD and knock the present value of INR with USD.

ii. will this affect our eligibility to claim duty drawback?

Dear Members,

We have taken EPCG licence in January against import of Machinery. Now I dont know the next steps which i have to take to fulfill the export obligation. I have following query:
1. when to submit machinery installation certificate its time period and issued by whom.
2. our export obligation in licence is Rs.13,50,000/- and we are doing deemed export. In that case how we fulfill the obligation.
3. documents needed at the time of export obligations.
4. On which documents we have to mention epcg licence number & date at the time of deemed export.
5. Is it possible to complete obligation it in a single order?

Please reply me as soon as possible.

Thanks & regards,
Vishal jani

Hi
We are importing WINE from FOREIGN.

We plan to import from port - "CHENNAI OR MUMBAI" to BANGALORE

Can u please give us information regarding the "taxes that we have to pay " on such import with ..... "CURRENT RATES."

Eg: EXCISE DUTY ( Nil) , Customs Duty , VAT …..

Dear All,
pls advice on following

We will be sending the turbine blades to abroad in UK for refurbishment.

(2) Vendor will perform following activates during on the blades by doing following:

(1) Inspecting and servicing the blades
(2) Coating the blades
(3) Replace the damaged tips in blades and
(4) Adjust balancing of blades

The amount to be paid is 22 lac comprising of 18 lac towards service element and 4 lac towards sale of blades noticed during refurbishment

Query

(1) Should we pay Custom duty, if yes whether on whole amount or in respect of import of goods (replacment of blades) on whole amount
(2) Should Service tax be charged on this ?


very urgent pls reply fast

I want to know wether an importer is liable to charge CVD or SAD to buyer of the goods along with VAt. Is charging SAD & VAt will not amount to double charging of VAT

how can u get the rate of depb license on sale of the license?for eg. if m getting the benefit of Rs. 100 and if i want to sale it, there is some rate applicable say 95% i.e my income is Rs.95 n if i sale the license it will attract vat or cst.. my query is, is this rate 95% gross rate inclusive of vat or cst or exclusive of vat or cst....

can u please give import duty of below mention item.

HS code 72181000 of Steel ingots
CIF value 620 USD - Prime Material
CIF Value 560 USD - Secondary Material

Is it compulsory for 100% Export oriented units to take SVB order? These units do not do any sort of trading activities but import cargo only for research and usage in labs. The exports being service exports and they do not have any sales to DTA

kindly advice me the format for no objection certificate for Apply import export code from partner for partnership firm