We are a 100% owned subsidiary company of an S.Korean Company..

We are importing from our parent company from s.korea and selling to our authorised distributors

i want to know that wheather we have to register with Excise department.

How can i get the set off for CVD

I want to know how much shall be exact Custom Duty & other taxes applied when importing following goods:

LED light with Fittings
Mobiles
IT Goods
LCD & Plasma TV
Home Theater Speakers

Hi,
Already filled up the forms A,B,D alongwith the letter from the bank & the request on company letter head for modification of branch address. Need to know if any fees has to be paid. Also, what documents are required to delete records of the non existing / closed branches.

Hi everyone,

Could anyone please let me know the procedure for debonding of capital goods from an eou as one of our client wants to do the debonding.

Please help me in this regard.

Custom duty paid on my import purchase can ce passed on to my customer ? Can he claim as excise rebate But I am not an exciseable unit. do I have to take Excise Number.

Dear Sir,

We are the manufacturer of Chemicals.

We have imported materials without payment of duty against the advance license. Since we have not fulfilled the export obligation, we have paid the duty as per customs dept's demand notice.

Whether can we claim cenvat credit on duty (CVD) paid due to non fulfillment of export obligation?


Expecting your reply.

Regards,
Ibrahim

In the year 2005, a company imports a raw material without payment of duty against Advance Licence. The company had to fulfill the export obligation within 2 years.

The Company failed to fulfill the export obligation. In 2009, the Customs dept. issued a demand notice for BCD, CVD and interest for the B/E in the 2005. The Company paid the import duty(BCD + CVD) along with interest.

Now in the fin year 2009-10, can the company take the CVD for CENVAT???

Thanks in advance,
Arul.

On the Import of goods, different type of import duty leived.

Is set-off available of all different type of import duty only in CENVAT credit rule ???

My client is purchasing some goods from abroad on which he is paying SAD on a provisional Basic, The SVB order has received on 29th Nov-09. Being a trading company is he eligible to get it refund within 1 year.
The audit for FY 2008-2009, has been finalized without providing the said amount. It’s necessary to provide in the balance Sheet, or without providing we can file a refund claim.

Thanks & Regards

Can we take the CENVAT credit on R&D (reserch & Development)Equipment(capital Goods)Please guid us w/relevant notification/Circular.