We want to import solar water heater system from USA . The same will be sold to our clients.
Question- 1) what are the custom duty that is applicable on the transaction.
2) is there any benefit from govt in promoting green energy system.
3) is vat applicable on sale of system in west Bengal.

Dear Sir,

We are manufacturing & exporting Brass Strips in Coils under Drawback Schedule Heading 7409-B i.e Drawback when cenvat facility has been availed. We are preparing ARE-1 under N.T. 19/2004 of CE dt. 06/09/04 (as amended), issued under Rule 18 of CE (No.2) Rules, 2001. We are also claiming Cenvat Credit on the finished goods and debiting the duty on the same day. But, our case is being rejected by Customs saying that both benefits can't be availed as stated under 8(e) of N.T. No. 103/08 dt. 29.08.08.

We feel that the same is incorrect. Kindly, clarify.

Regards,

Parivesh Goel

Dear Members,

Please provide the procedure of export to Nepal?

sir,

custom duty paid on imports includes basic custom duty, counter veiling duty and additional duty

what is the meaning of all the terms

whether credit is taken of duty paid

please describe me in detail....!!!

Hi all,

Basically, we are into Radio & Television Transmission Services. We export our services outside India and we get revenues in free foreign exchange converted into INR. For such service, there will be no shipping bill copies. We are not even registered under any EOU/STPI/BTP...etc. What will be our documentation to be assisted along with ANF3B application instead of Shipping bill copy, because based on only invoice copy, we cannot claim such rebate.

Plz advise.

Sir,
In the annexure of softex form we show this sales then what happened???
And we show in sales tax return

Let me tell you some facts about a 100 % EOU:
The Company (EOU) during its initial 5 year period made exports to the tune of 40 lacs but till the end of its 4 th year never made any duty free import of raw materials.
The exported products were made out of raw materials purchased from India after paying applicable duties and taxes.
But during the end of the 5th year, the company made duty free import to the Tune of 52 lacs and thus resulted in a negative NFE. The Director STPI rejected its application for renewal of licence stating this negative NFE as one among the several reasons. Other reasons were delay in submitting documents such as renewed lease deed, audit report, Extract of minutes authorising one of the Director to sign the Application for renewal. Audit report for the first financial year was later on produced and other documents were also submitted to him. But due to the delay in submitting documents and because of this negative NFE, the Director passed his order rejecting the Application for renewal. Now an appeal was filed with the DGFT regarding the matter. However the company during its normal course of business is manufacturing products for export and for sales within the country.
The materials imported duty free was kept in Bonded area and which needs to be released for supplying to Govt Department free of Cost. Can any one help me in this subject.

HOW TO OBTAIN IEC

Dear Sir/Madam,

I would like to know the procedure for paying difference in custom duty (Under invoice amount).
If original invoice of goods is 100$ and the invoice amount at the time of parts received is 30$. So how to pay the difference in custom duty for (100$-30$=70$). Is there any late fee charges? If yes then how much and what is the criteria for it?


Thanks

sir,

on what basis, custom duty is charged and can we get the credit of custom duty or it is added to cost....???