This Query has 1 replies
We are a micro industry. Recently started exports.
1. Our each consignment is around $ 6000
2. We receive money by TT to our EEFC account.
3. We do not claim any drawback or avail any scheme benefit
Do we have to report our realisation of payments to RBI or Customs?
Or are there any mandatory disclosures we have to make?
This Query has 4 replies
Dear Sir,
Please tell me what is the rate of custom duty for Power Project Equipment under chapter 98.01.
Thanks
This Query has 1 replies
IF raw materials are imported in excise free zone like baddi by a manufacturer and 4% SAD is paid on such import through depb licnence than whether the refund of such amt paid can be claimed as credit to DEPB lic scrip or by refund of duty.
Pl give the notification no under which it is admmissable.
This Query has 1 replies
We are a costruction com in the field of power plant construction for electrical and mechanical works.We have exported the machine for our project to outside india with GR waiver Canara bank, but now machine is not fit to re import in india and we want to disposed off/sale the machine as scrap in that country. pl. let us know the procedure involved under FEMA, Custom, & RBI guidlines.
Regards,
Ramesh Reddy
This Query has 2 replies
Dear experts
pls tell me the customs duty( import) for mobile & its accessories like pen drive, memory cards.
This Query has 1 replies
Dear friends
I am importer of tyres and tubes.now ISI mark mandtory on tyres and tubes from November.
Can i import tyres and tubes without ISI mark?
I have stop my import business due to fear that custom not clear the goods without ISI mark?
please solve my problems
Kind Regards
Manish
This Query has 1 replies
Dear Expert,
I have applied and paid for a training course (Certified Fraud Examiner) conducted in the US and they have sent me the Exam preparation CD via post along with the receipt. The CD is held at the local Customs office as the cost seems quite high (aroung INR 30,000). Could you kindly clarify if duty needs to be paid to get the CD-ROM released. It is of educational nature and I have provided a Technical Briefing Paper regarding the contents of the CD-ROM but the Customs officer wants more time. Can you kindly provide details of the Act and section, so I can take it with me to the Customs office this afternoon. Thanks for your help on this.
This Query has 2 replies
Dear Expert,
We are the trading concern where we are exporting the imported materials related to swimming pool & Life style products, components & technologies.
Duty drawback can be claimed or not on these materials?
Is there any restriction for the products or the country for availing duty drawback??
Pl guide
Thanks & Regards,
Kavita Patil
This Query has 2 replies
We have bought some items in Germany and instructed our supplier to deliver these items to our Indian Customer in Germany. Indian Customer imports it directly without mentioning our company in Airway Bill or shipping documents.
We receive peyment in INR in India from Indian Customer and make payment in EURO to Germany Supplier.
Is it classified as high sea sale?
What documents do we need to produce to the Bank to make the payment to our supplier (A1 or A2)?
What kind of Sale Invoice will be generated?
How will it be declared in Sales Tax Returns for Sale and Purchase?
This Query has 3 replies
We have made certain exports under EPCG LICENCE DURING 2007-08. Unfortunately in certain exports, EPCG LICENCE REF. HAS NOT BEEN STATED IN THE SHIPPING BILL. We have seen the same only when we are about to file the redemption. Is it possible to apply for condonation in case we have not stated the same in the shipping bill.
REGARDS
N T VINODH
CA 211691
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