Dear Members,

I want to know what is Permit License and how to obtain Permit License for Import of Food products in India.

Whether it is similar to PQ Registration or something else.

Thanks.

what is free foreign exchange?

Present scenario how many currencies treated as FFE. Explain me brief

As per appendix-5C (ca certificate )

III. I/We hereby certify that the Shipping Bills containing the relevant EPCG Authorization Number and Date have been verified, in respect of specific export obligation. In cases where the Shipping Bills do not contain EPCG Authorization Number and Date an Affidavit from the authorization holder has been obtained that the exports accounted for fulfillment of specific EO against this EPCG authorization have not been/ shall not be taken into account for fulfillment of either specific or average EO of any other EPCG authorization. It is further certified that the shipping bills mentioned in the Affidavit are not Third party Shipping Bills/ Free shipping Bills. A statement giving details of the documents submitted by the authorisation holder towards evidence of EO fulfillment and Affidavit (if any) are enclosed.

From the above provision at time of application redemption we provide Affidavit for not mentioning EPCG license number on shipping bill.
please provide the format of affidavit as early as possible

I am not getting the difference b/w safeguard duty and protective duty as purpose of both is to protect domestic industry.
Whether both can b levied simultaneously?

I have taken vat and cst registration , IEC . The Items mentioned in the cst are electrical items and food products .

Now I want to export Herbal powders . Should I now require to change the products mentioned in CST - can we export products which are the not mentioned in the CST

To export herbal products should I take drug licence - example of herbal products which I want to export are - moringa powder , lemon grass, neem powder , tulasi leaf powder

commission paid by exporter and importer to there agents. how to deal with this while finding assessable value. advance thanking you

I have purchased imported machine on which 1000 has been paid as BCD 500 as cvd and 250 as special cvd. so what is the treatment of special cvd to take cenvat credit availabilment

At the time of importing capital goods under EPCG scheme we are executing the bond for 110% of duty saved value as per license.

From the above, in that 110% value we are used 80% value of duty saved only... then what is the Export Obligation.

as per my opinion EO is 6 times value of 80% duty saved is correct ? Please clarify me.

Dear Sir / Madam, I have no idea about total calculation of my goods because of I am new in import business, so I want to calculate every steps. Let me clarify, I will purchase a product from Germany and seller give me € X CNF price (suppose €5000) then how much I have to pay in Germany and in India, there is total 24% duty, so how much I have to pay in India? Thank you for your time. Your answer is quite helpful for my business.

WE have purchase licence having custom duty Rs 100000 in 90000. and paid vat @ 5.5% on 90000
Now we have to adjust custom duty worth Rs. 100000 at the the of Purchase

Please guide the entry at the time of purchase and at the time of import or use the Rs100000