HI,
We are importing beverages from germany as a part of the deal the supplier is providing fridges worth 2000 EU as complimentary. Now my question will this fridges also attracts Customs duty or not also provide me what can be done to avoid the customs duty for the same. Request you to provide the same. Thank You

Hi Friends

What Is the difference between Housung B/L & Master B/L.And which on is beneficial for the importer.
Thanks & Best Regards
Gopal

Dear All,

Our product comes under the Exempation of Free Trade Agreement between South Korea and India. In the notification, the exemption given as follows :

"in excess of custom duty 10.24%"

I am not able to understand it, please clearfy with example.

you can see the notification from below link.

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k9/cs152-2k9.htm

Hi everyone,



Can any one provide me a checklist and compliances to follow while exporting goods / services.



Although there are various forms including SOFTEX , GR, PP etc but I want process chart or any detail pertaining to export of goods or services (for example filing of Declaration within 21 days of exports).





Can anyone help me in that.



It urgent.



Regards

Deepak

Is it possible to convert free shipping bill into advance license.

If no, what could be the alternative.

Bhopal
23/11/2010

I have to deposit Rs.15000/- by challan for payment of custom duty.
kindly reply me , how this payment can be done by E-payment or BY bank in which bank.

Thanks

D.K.Soni
bhopal

Dear Experts,

For the purpose of Custom duty calculation assessable vale = Total Value *1%(It's called Customs handling charges),
Total Value = CIF value + Freight amount + Insuetnce + eny othe Origin handling charges (If any)

1. 1% Custom handling charges is Expence for Importer or Deemed expence?.

2. If it is excepence this charges need to consider in Total landed cost?.

Dear Sir,

We sent samples to our overseas customer worth USD 500.00 through courier but make invoice for USD 24.00

Customer made the payment for USD 500.00
Can we re-generate the invoice for USD 500.00 to enter in account books instead of USD 24.00?

Should we need to clear the GR against the above payment USD 500.00?

If not, When it is necessory to clear GR?


Regards
Jitendra

We a importing set-top boxes from china to india. according to contract terms we have to make two advance payment installment of 15 % of total payment.and rest 70% after reciving goods. we have paide 1 st installment but when we send document for 2 nd inst.then bank is asking for bill of entry. i want to know that bill of entry should be filled when goods are recived in india.and not in case of advance payments.pls reply that they are right or wrong?

Dear Sir

I am confussed regarding BRC for invoice in INR, If we make Invoice in INR and received the payment in USD

Suppose
Inv Value in INR is - 100000
At the time of payment Party Transfer - 2173.91 @ 46 (i.e. 100000/46 = 2173.91, as party made full payment in USD at rate of day transfered)
As we received the same amount in EEFC account after deduction of USD 25 as bank charges i.e. (2173.91-25 = 2148.91),
but on date of transfering from EEFC account USD rate was 45.5.
So : - 2148.91 X 45.5 = 97775.41 INR

Loss due to USD fluctuation (100000-97775.41 = 2224.6)

Now, my doubt is,

- - - Is these BRC will be remarked by Authorised Dealer or Bank as "Part Realizied" as it's a loss due to fluctatuation in USD rate nor of short payment, while party has made full payment and no further payment is going to come against these invoice.

Pls clear ny these doubt

Thank & Regards

Jaffar