Dear Sir,
Our company is a manufacturer (100% EOU) of leather folders and material sold to London.
Final product is duty exempted (Nil Taxable). My question is - can we take the credit of input material invoices ?
If yes what is the procedure of claim to department.

Please suggest me in short.

Thanks in advance

Regards,

Rajendra Ahire

Our company is into Trading . Basically, we import material from our parent company in Italy and sell these finished goods in India. We pay customs duty for the imports. If we want to return this material or export the same to another country,
1) is there any custom duty applicable
2)Can we claim refund on the earlier duty paid
3) What would be the procedure to claim refunds, please

I want to know weather the 2 export incentives DEPB & FMS can be claimed simultaneously on same export invoice?

we are importing the goods and sale such goods India. One of our client in india told us not to include custome duty in purchase cost receive duty back from custom department and charge vat on net cost plus profit.
For ex we charge vat on Rs 125 (100(cost)+10 (custom duty)+15(profit))
as per client Rs 115 (100(cost)+15(profit)) and receive Rs 10 from custome deptment.
Which tratment is right?

Pls guide me with details as i would like to enter into a High Sea sale aggrement for improt of STEEL Scrap the seller has already sold the material to another buyer by high sea sale aggrement and now i would like to buy the same material from the seller who has bough the material by high sea sale pls let me knwo what is the formality and proceedures to go ahead
VADIVEL
9176452544

One of my client is engaged in exports. He has sent one shipment of Rs.480000 on 19-03-2010. But due to strike by British Airways his goods are lying at the warehouse of his cargo agent. He has not got the custom bill. During all this the financial year has changed from 2009-10 to 2010-11.

Kindly tell whether it shall be considered as export sales or stock.

Thanks & Regards

Saurabh Aggarwal

Can any one guide me regarding custom calculation?

We had purchased an medical instrument in 1991 & its assessable value was Rs. 777555/-

They charged BCD 60%+Auxiliary duty 50% + CVD 15% + 10% Special Central Excise duty
=855311

I want know the break-up on above

Regards,Pawan

DEAR EXPERTS,

I AM MANAGER OF ABN AMRO BANK, CAN I IMPORT THE CHEQUE BOOK?

WHAT IS PROCEDURE IN THIS REGARD?

Dear sir,

we are EOU unit and planning to undertake subcotracting.
1. We will receive major RM from party & will use some other input like nut bolt, etc.

After completion of process, what will be the value of final goods to raise invoice?
1. whether only value addition + labour+ profit

or
2. the value of RM supplied also to be include ?.

pls claify with relavent provision of not or circular.
rgds
varadarajan

DEAR SIR,

WHAT IS THE RATE OF BASIC CUSTOM DUTY ON IMPORT OF MARBEL , ACTUALLY WE WANTED TO IMPORT MARBLE FROM CHINA TO INDIA?