This Query has 4 replies
Our manufacturing company having one FTWZ unit. We are exporting goods from FTWZ unit, these Exports are eligible for calculation of Average Export Obligation of main plant? where I found provisions relating to FTWZ exports eligibility criteria in FTP?
Consider following points:
1. FTWZ unit engaged in purely trading activity only.
2. There is no transaction between manufacturing unit and FTWZ unit
3. All imports for the trading activity are extracted from outside suppliers.
This Query has 2 replies
Dear Sir,
'XYZ' company is procuring goods from 'ABC ind pvt ltd' on high seas sale contract. ABC ind pvt ltd is a subsidiary of ABC singapore.
now as per my understanding, the CIF value shall be the HSS value in case of high seas sale. which means if CIF value is INR 100 then HSS value i.e. transaction value between XYZ and ABC ind pvt ltd shall INR 100.
However, IF the HSS value/ transaction value is INR 90 , what would be the implications for XYZ company ? XYZ continues to pay custom duty on INR 100. However, plz suggest if HSS value can be lower than the CIF value?
looking forward for your valuable guidance.
This Query has 1 replies
hello Experts,
I want to know whether the Courier Charges And Air Freight will be part of FOB value in case of Export for Claiming the Export Benefits
Regards
Anupam
This Query has 4 replies
Would like to get the machine by indigenous through EPCG license. So shall we apply the Licence only for CVD and SAD Portion ?
If its imported machine available in FTWZ facility , shall we apply the Entire potion of Duty as norms? Are wee right?
We need clear details and help us
This Query has 1 replies
Status Holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs 10 lakh or 2% of average annual export realization during preceding three licensing years, whichever is higher. How to calculate Rs 10 lakhs as export amount is in Foreign currency?Do we have to use current Conversion rate? In same way,how to calculate export realization amount?
This Query has 5 replies
Dear Experts, One of our customer transfered advance payment in USD against his order. Now customer plan to come to India and collected goods. So kindly clarify below queries. 1. how to ensure the export obligation? 2.Pls suggest if any alternative way to handle this? Thank you
This Query has 1 replies
Hi,
If someone wants to import Pencil, what would be the import duty.
Is there any special approval required to import Pencil ?
Is pencil comes under MRP based product ? If yes, then what would be the abatment ?
Thanks in Advance
Vinay
This Query has 1 replies
Dear Madam/Sir,
please advice documents required for registration of following in customs along with formats.
1) Advance Authoristion for Annual Requirement
2) E.P.C.G. Authorisation
3) DFIA
kindly revert.
Regards
Harkirat Singh
Cell no. 9910431655
email : harkirat957@gmail.com,
harkirat_india@yahoo.com
This Query has 1 replies
We exported goods to Hong Kong and the consignment is rejected and party is not paying, Now it is nearing two years and the product are unusable and almost waste.Recall cost of goods will be more than the value and it is better to abandon. Please suggest how to sort out and also what is the procedure to intimate customs and RBI.
This Query has 3 replies
I have filled my return on Income for the assessment year 2016-17 as salary income filed without Filing form 10e so that I have received notice from Income tax department that letter says you are required to pay tax for that above mentioned arrears of salary so that I will file revised return? or Rectification return? or 10e form Filing only?
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Epcg-exports eligibility criteria for calculation of avg eo