Singaravelan
This Query has 2 replies

This Query has 2 replies

22 January 2009 at 09:17

liability of STPI unit

An entity registered under STPI scheme has not achieved the export turnover obligation.
Customs duty was waived for the unit for the import of capital goods under STPI regulations.
What is the maximum liability the unit has to pay to the customs department for non fulfillment of export obligation?


kranthireddy
This Query has 4 replies

This Query has 4 replies

21 January 2009 at 13:45

willing to start mobiles company

Dear sir

i want to start cellphones company in india.

I am having tieup with cellphone manfactures in china and hongkong.so i want some clarrifications about formation of cellphone company in india.

documents required for launching cellphone company in india.

kindly reply me as soon aspossible

kranthireddy


k suresh babu
This Query has 2 replies

This Query has 2 replies

19 January 2009 at 16:06

fob and cif

what is mean by fob full details and cif details fob value how much percentage of cif rate . please give me the full details fob , cif value cif insurance, charges. we are a service providers


hardik
This Query has 2 replies

This Query has 2 replies

16 January 2009 at 11:30

duty drawback & DEPB

what is duty drawback & DEPB?
please provide with detailed explanation


TH
This Query has 1 replies

This Query has 1 replies

15 January 2009 at 14:50

Custom duty on re-import

Sir,

We are the customers of a foreign company which imported us their products last year. They have now decided to change the goods with the newer version of the goods and therefore, we have to send back to them the goods already imported. They now want to re-import the newer version of the goods. We want to know whether there is any exemption to pay custom duty on re-import of the newer version of the goods.


Kishan L. Agarwal
This Query has 1 replies

This Query has 1 replies

14 January 2009 at 04:02

Incentives against export

Against export of readymade shirts - what is incentives & what is complete draw back
procedure?

Where can I get details?


ANIKET ABHONKAR
This Query has 1 replies

This Query has 1 replies

10 January 2009 at 10:21

Import of Old Machine Parts

We are a MNC unit; we are planning import old machines parts at no charges basis .i.e. we are will not pay value of Machines Parts.


Query:
1. Can we import Machine Parts? If Yes

As a sample OR Gift

OR ANY OTHER WAY

We will pay all duty

2. What procedures we follow.


ANIKET ABHONKAR
This Query has 1 replies

This Query has 1 replies

08 January 2009 at 17:59

Duty Drawback(Rejected MAterial)

We are a MNC unit; we have imported material in month of March and July’08.
Now we found some quantity are rejected. now we want to send material to our supplier

Query:
1.Can we go for Duty Drawback scheme at
the time of Re-Exportation?
2.Could you please guide me on Duty
Drawback procedures?
3.Can we Re-Export part material under
Duty Drawback Scheme.
4.What is document we want to submit to
custom at time of Re-Exportation?
5.Shell we used same Packing for export.

Plz Reply me soon

Thanks

Aniket


ANIKET ABHONKAR
This Query has 1 replies

This Query has 1 replies

07 January 2009 at 09:51

Export our RM to Inter company.

We are importing our RM for Mfg purpose. And finish good are sale in india as well as export. We take CENVAT credit of CVD + Cess on CVD and Additional duty.

Now, we have excess RM and we are planning to export same RM to our inter company. So please advice and how to process.

Can we go for claim Drawback or rebate clime?

If yes, what would happen to the credit we have taken in register?

Custom Authority is asking for a certificate from Central Excise authority stating that No Cenvat credit is taken for the items being exported.

Early response in details will highly appreciated

Thanks


Jyotindra Thakar
This Query has 1 replies

This Query has 1 replies

Dear All,
An importer imported capital goods worth EURO 450000. 50% Advance payment was remitted through Bank "A" and after that goods was shipped. Original documents were received through bank "B" and balance 50% payment was remitted through bank "B". Now, as per RBI rules, importer has to submit proof of import i.e. Exchange control copy of bill of entry to bank through which import payment was remitted. In this case what should importer do ? to which bank he should submit bill of entry.





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