dear sir,

what is commercial invoice and what is the customs invoice?

DEAR EXPERTS,

PLEASE EXPLAIN ME WHAT IS LICENSING YEAR?

sir,

will you please me explain, about the debonding meaning and its process in india?

We are a small scale enterprenuer. We export material to Kuwait.
One container FOB value is around USD 5000/-.
We receive payment in advance by TT and then the material is exported.
For this financial year we have exported five containers,one more in pipe line.
We have crossed USD 25,000/- FOB realization.
Do we have to inform RBI or any other institution.What documentation is required to be maintained?
We do not avail duty drawback.

cvd is not a customs duty but it is duty of customs.what is the meaning of the term"duty of customs"

"CVD is not a duty under customs act but it is duty of customs"
please explain this statement

I am a software devloper, and wish to get an IEC code. On the IEC form i selected the category "Service provider", but someone at the DGFT delhi office told me that he has seen applications returned asking for proof of service and that i should select the "Other" category with software developer written alongside.

what cateory should i choose ? will i need to give a proof of service if i select "services". If so what proof will do?

Dear Friends,

Kindly explain me the difference between EOU vs SEZ. ie Documentation of filings returns submits and other benefits..

If anybody having ppt kindly forward .

Thanks in advance.
Kesavan

Q Whether custom duty and CVD are claimable or not in the following scenario:-
(A) We import the excisable raw material and manufacture the excisable finished goods and sale it
(B) We import excisable goods for direct sale.

Kindly anyone send me step by step accounting entries in case of import of excisable goods (Including customs and CVD)
Q (1) Accounting entry at receiving invoice of custom vendor.

Q (2) Accounting Entry at receiving of material vendor.