Please provide me the list of goods covered under home consumption under custom act, 1962.

We are an exporter we buy label from the indigenous manufacturer.The label manufacturer has EPCG licence for import of Machinery for manufacturing label.We buy label from him and affix on our Final product. We want to export our final product mentioning TWO EPCG licence on of the label manufacturer and other of us in the single shipping bill is it possible? if yes should we show separate value of our product without label value and label value ?
Please reply with notification No.or Para no. of FTP or Section of the Customs Act or the decided case law.

What is the customs duty for importing software?
Does it make any difference if the software is downloaded via internet?

Is service tax also payable on such imports?

I Want knowlege how to Fill ARE-1 Form when we Export against CT-1 pl. Help.


Thanks ,

Manisha Jadhav

RECENTLY IN OCT 13, CUSTOMS NOTIFIED FOR CLOSURE OF EPCG DEFAULTERS. ONE OF MY CLIENT IMPORTED THE CAPITAL GOODS DURING 2002 UNDER EPCG SCHEME BY PAYING CONCESSIONAL DUTY OF 5%. AS PER EPCG SCHEME, THEY ARE LIABLE TO EXPORT 5 TIMES OF CIF VALUE. AFTER THE COMPLETION OF ALL THE BLOCK YEAR, THEY APPROACHED DGFT FOR EXTENSION OF 2 YEARS BY PAYING 2% FEE. TILL THAT TIME, THE COMPANAY COMPLETED ONLY 9% OF EXPORT OBLIGATION. SUBSEQUENTLY, THE COMPANY AGAIN APPROACHED DGFT FOR FURTHER EXTENSION OF 2 YEARS BY PAYING 50% OF CUSTOMS DUTY SAVED PROPORTION TO THE UNFULFILLED EO. DGFT CONSIDERED 9% AS FULFILLED AND DECLARED 91% AS UNFULFILLED EO. THE COMPANY PAID ACCORDINGLY 50% CUSTOMS DUTY SAVED. NOW THEY WANT TO CLOSE AS PER THE NEW CIRCULAR 40/2013. CUSTOMS DEPT. IS INSISTING TO PAY 100% CUSTOMS DUTY SAVED WITHOUT CONSIDERING 9% EO FULFILLED. ARE THEY CORRECT.

Hey, I was registered under Direct entry scheme for IPCC on 16 aug 2012 and completed my ITT and Orientation till feb 2013 and from 1st march 2013 i started my articleship training and since 9 months is completed Can i leave articleship training till my may 2014 exam ? If yes then can I join myself with some other firm after may 2014? Is it possible to take such a gap of 6 months ?

In which section permits to pay the customs duty under protest.

Hi,

I am a B-Tech graduate in Mechanical Engineering working in IT industry now.I want to know if I can appear for Customs Broker/CHA license as an individual.Also need to know if there are any coaching centers in Bangalore for this license exam as well as any books available with latest syllabus.

There is a C&F family business which I am intending to take over in next 2 years, so want to know how bright is the opportunity for Customs Broker/CHA.

Please let me know.

Thanks,
Vinod

we had sale our consignment on high seas to our customer.As per rule the sale invoice value will be cif +2 % eg cif value $ 1000 +20 Sales value $ 1020. Converted in INR as per exchange rate.
Is compulsory sale invoice should be CIF + 2% or we can raised invoice only CIF value our customer will pay custom duty at customs as per rule CIF +2 %

Q1- we are going to avail EPCG license for importing capital equipments as a service provider to foreign vessel owner as per DGFT article 9.53.

our source of revenue generation is :
Berth hire charges from Foreign Vessel owner in the form of INR.

are we eligible to get EPCG license as per clause 9.53 ?

q2. Whether it will be treated as export of service or no ?