is there any custom water

Mr.A boarded indian airlines flight from jaipur to dubai. He was foun to be carrying indian currency of 20lakhs(much beyond rbi limit of 25000). He admitted that Mr.V had given him the said currency with the direction to deliever it to Mr.C in dubai. The currency was confiscated. Option to redeem was granted to Mr.A but revenue objected to grant of such option on the ground that Mr.A, not being owner, cannot be granted such option. Whether Mr.A shall be entitled to such grant??

In case of clubbing of EPCG licenses we need to submit ANF 5b application along with ANF 5D or ANF 5C Application? please clarify me as early as possible...

We have imported and exported using advance lic but payment is outstanding from the party ......so can we claim custom duty paid

Is there any restriction on sale of goods imported under project import scheme, after finalisation of contract as per the rule 7 of Project Import regulations, 1986? Also, in case of other projects, how to determine the sponsoring authority, to obtain recommendation letter for concessional rate of duty under the project import scheme?? Thanking you in anticipation,

Sir,

I need detailed procedure, documents needed, and Fees for....?

Is their any need of Licence for Export of Agriculture Seeds?


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I am confused on this issue . Please help. We are a readymade garment traders , recently started exporting readymade garments. My query is , are we eligible of duty draw back benefit ? We exported garments to Dubai and received payment in advance in INR in our bank . are we eligible to get this benefit even if payment received in INR and not in foreign currency. Please reply ASAP.

Read more at: https://www.caclubindia.com/forum/duty-draw-back-benefits-369544.asp

How to compute Custom Duty on High sea sale contract? What would be Asessable value for High Sea Sale?

HI, Our company is located in SEZ with the IEC code for Manufacturer Exporter. Along with this we have added our Bangalore Unit ( outside SEZ) as a branch office with the same IEC. We are looking for a new business opportunity in trading with Bangladesh and Hong Kong. Here Bangladesh will be sending materials directly to Hong Kong but will be Invoicing to India and India will be Invoicing to Hong Kong for the same materials and there is no physical materials inward and outward movement with in India. I would like to know whether we can deal this in the name of our branch office with the same IC code. If yes, what would be the procedures. Kindly suggest.

Is there any restriction for Third party EO by EPCG scheme?
One license is going to apply under third party EO now and shall we apply as usual?

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