i have to import some material from italy. The material will be sent from italy to its office in kolkata. The indian office will then bill the material to me indicating custom duty, CVD etc. My company is not excise registered. In this case can i pass on CENVAT to my end contumer by doing a Sale-in-transit transaction.

By this method even being non excise registered company we are able to pass on CENVAT benefit to the end user in case of indegineous manufacturer. Is it possible to do this in similar fashion in case of imported supply and passing on the CENVAT.

Kindly advise.

Regards,
Amit.

Dear Sir,

I am working as accountant in STP unit, (100% EOU0 bangalore,

We have obtained the Letter of Permission from STPI for renewal of PBWL in September 2007 and the same has to be submitted to customs for renewal they give the validity up to 31/12/2008.

Now we have to apply for licence renewal to customs dept, whether we have to take a permission for no objection from STPI ?

or

We can directly apply for licence renewal to Customs dept with the Letter of Permission issued by STPI to us in last year ( noramally LOP is valid for next Five years fron the 5/9/2007) ?

Pl. advice me.

Thanks & Regards,
CHIDANANDA K R

Mb. No: 94493 46445

Dear Gurus, I want to know whether cenvat credit is available in case of taxes/ duties paid in the field of civil construction... Any View shall be highly appreciated.

I have rceived the notice from office of the addl. commissioner of customs (Special valuation branch) regarding finalization of provisionally assessed bill of entry!!

He has attched a quetionnaire and and demanded documents regarding bill of entries and imports.

What should I do? Is it manadatory to reply?

Proceedure to be followed?

Is there any specific formated application for approval by the Sponsoring authority under Project Import Scheme.
Or
Mere letter specifying the project details is sufficient...

We are manufacturers. We have units in Andhra Pradesh and Maharashtra.
I have doubt regarding EPCG lic., for our units in Maharashtra we have applied EPCG Lic. from Mumbai / Pune DGFT, now my doubt is for our new unit which is going to start within 25-30days, can we apply the IEC/EPCG Lic. from Hyderabad DGFT itself, if yes, what is the procedure.

regds
k.ravi

We are an STPI organisation. 100 % involved in software export activity. Now, we want to diversify into some domestic activity also. so part of the office needs to be de-bonded. Till now we are covered u/s 10B of IT Act, 1961. What would be the overall impact on us so far as taxation is concerned? & ALSO, whether being an STPI organisation whether we are allowed to operate other than from a Custom Bonded Warehouse?

Reply urgent.

Subhash

In 100% E.O.U. who has fulfilled the export obligation and intends to disburse unutilized part of imported raw material with two years to D.T.A. on applicable duties and taxes whether interest is payable on the duty amount from the date of import?

(Reference Notification No. 52/2003 Customs)

Kindly Suggest

Regards

What is the rate of custom duty on computer parts import???

Hi Friends,

I have a querry regarding IEC code addition of the address.. see the case is like we have an registered office in Banglore where we dont have any operations, we are operating from pune. In our existing IEC code we have added our current Pune address as branch office (existing IEC contain 2 Addresses) now we are moving to New premises in pune itself and custom bonding procedure is going on. The custom peoples are asking for the IEC code copy in which our new address should mentioned. Please suggest me what will be the procedure to add a new address to IEC code. also please suggest if anybody you know from banglore can do this work for us. we are looking for any professional. waiting for reply.

Regards
Nazir