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

We are a 100% EOU manufacturing Bulk Drugs and purchase material imported and indigenous accordingly make Export and DTA sale but mostly we are selling our product in DTA and pay excise duty (8.24%) only. For making product we use indigenous procured goods, which we procured against CT-3. Should we also pay Customs duty (50%) & Excise duty (8.24%) as well as both Cess. Please let us know the duty structure of DTA clearance in relation to use of indigenous procured goods with relevant notification.

what is import duty?.
is it freight?
or
in hindi seema shulak

what is cvd, bcd,
acd iunder customs act?




e.g

we are a mfg and are regularly importing consumer goods from Pakistan from pak inds, lahore thru. International clearing agency.(frieght) eg.
Import purchases Rs.1164@$48.60 exchange rate.

exchange control copy made by international clearing agency of rs. 57853.00(ass. value)+8739(import duty)

Import duty on 1164@48.60$+ins ch 637+freght73++landing charges1% on 57280.00(i.e after ins and frgt.)then assesable value 57853.00@6% CUSTOMS DUTY=3471 THEN CVD ON 61324(57853+3471)=2527 AND ACD=2741=5268(CVD+ACD)

THEN TOTAL IMPORT DUTY =3471+5268=8739.00 deposited by international clearing agency in Amritsar to inspector customs rail cargo,

other Clearing charges incurred by international clearing agency.15000.00 and he make a bill rs.8739+20000=28739.00 in favor to us.

plz pass the purchase entry.
Can import duty an refundable?


tds is to deducted on 28739.00 or 20000.00
u/s 194c

CUSTOMS DUTY 6%I. 3471.00 REFUNDABLE OR CVD OR ACD


IS IT 3471.00 OR CVD OR ACD? FROM WHICH IS FREIGHT AMOUNT?
IF HAVE TELL ME?


PLZ REPLY............................../
IT IS URGENT

imp