Hello to all,

I hereby request any one to clarify the following.

1. What is the % of duty payable on Import of Electronics goods to India along with extended warranty charges ie. If the Product Imported to India for USD 500.00 and Extended Warranty charges USD 200.00 for additional 2 years from the date of Import. Will it attract duty for Extended Warranty components USD 200.00?
2. If the Product was imported to India previously and we request to make payment for extended Warranty charges alone, will it attract duty on AMC? Here the product will not move through Cutoms but How to make remittance to overseas Supplier towards Extended warranty charges.

Regards.
C.K.PRAKASH,

sir can a solepropriter can import goods?is their is time limit of licence expiry date?what are the formality ot import plz help me sir ineed your help ,sir can u provide the full procture of import

what should be the exchange rate in high sea sales ?

Procedure of step of Additional custom duty refund.

if i will bring laptop from abroad then upto what limit it is allowed as free.
i think it is free for one laptop bit i want to take 2 laptop for personal use then any taxability arises

pls explain.

Is it possible to mentioned “ Value for Customs purpose only” in the commercial Invoice for export shipment, if the value of some product included in the final product, Example- Tractors Exported without wheel Rim but the value of the same included.

Now, customer asking to send the Wheel Rim but since he has already paid the money for the same, he wants to bill the Rim with the “ Value for Customs purpose only” so that he can save the customs duty on that. At our end is it possible to mention it or not. We have the said rims purchased duty paid and our export is under LUT.
Pls clear ASAP

Dear Experts,
I tell me about document required for export & export duty.

My client is purchasing some goods from abroad on which he is paying SAD, being a trading company is he eligible to get it refund within 1 year.

Is it possible even after expiry of one year.

Thanks & Regards

Dear Sirs,

This is a matter of a Manufacturing Company's Export Sales as per following:

1. An Export/Commercial Invoice made and exported on 07.11.2009. Two items A & B were exported @Rs.1000/- & 2000/- respectively. But the rate of B was 1000/- only, hence an amount of Rs.1000/- charged in excess by mistake.

2. The foreign buyer is a regular buyer and further same material is to be sent soon.

3. Is there a provision in Customs and FEMA and can the rate/amount be adjusted in the next invoice. If so what is the procedure for the same to avoid any procedural problem for the Export for both the transactions.

Please guide.

Thanks & Regards

Dear experts,
We are a battery manufacturing Unit. Registered with Excise and Customs. We have imported a battery manufacturing machinery against EPCG licence. As per EPCG licence export obligation should cover with in 8 years and the proportion of obligation is for 1st and 2nd year NIL, 3rd and 4th year 15%, 5th & 6th year 35% and balance 7th and 8th year 50%. But due to huge demand we have completed obligation in 2nd year.
Now my question is wheather we are elegible to get redumption letter from customs or we have to follow above % properly.
Kindly inform me with Notification No.
Thanks and regards,
R.Dutta