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 ?

can any one tell me the details about form CT3 and if seller sale goods with it thn will he liable to pay cst and excise or only cst . seller is selling goods from rajasthan to mumbai .solve this proper detils.
'thank u

Dear,

What do you mean by 'shipping bill for export of duty free goods ex-bond', although it relates to imports.

Hi all
How to calculate the cap value or dbk qty in case of Duty Draw BAck


Thx

Anupam BAli

I want to know about form H . and tell me if i sold my goods to trader who issued form -h then my sale will be consider as Export or Normal local Sale???

Hi, please tell me on which inputs i can take CENVAT Credit?Please tell all inputs For ex. on which services, service tax input is eligible for Cenvat credut

We are a manufacturing co. which use the imported material in our manufacturing process and sold the finished product in india and abroad also.

Then how will i take duty drawback on imported material which is used for product to be exported?

Kindly also tell me whether duty drae back on imported material can be taken on any imported material?

we have our business in Goa. we will be going to import goods from US,Germany,UK etc.

i would like to know if

(it is compulsory that the goods coming should cross Mumbai Port for customs clearing)

they cannot directly ship the goods to Goa port without going to Mumbai port,it may be by Air or by water mode.

Dear Expert,

We are Port service prodiver want to import capital goods under EPCG.


Q1. Is there any special scheme for duty exemtption for port handling equipment inside the Custom Bonded Area for seting upt new terminal for export obligation.

Q2. Is there any scheme for not fulfilling EO within specific perid to pay Duty in installmennt ? what would be basis of int and duty calculation ?