My client is a manufacturing unit and recently accepted a purchase order from abu dhabi(UAE) in INR. we have to make invoice in INR. please advice whether there is any voilation of FEMA and in which currency we have to recieve payment and have we face any problem related to shipment,custom clearance,documentation and dealing with bank? please advice me ASAP as this is very urgent.

our product chapter heading coming under FPS scheme, for example 8417 and sub heading 17
next two digit not coming in the list.

whether is this enough for claiming the FPS.

or full eight digit should be required.

Exchange rate Applicability.

In case of export rate which date exchange rate will be applicable.

Date of filing shipping bill in EDI system.
Date of let Export.
Date of Consignment actual exported.

Dear Experts, I am an MBA in Finance having 8 years experience in a Private Sector Bank. I have resigned my job and going to start own business. My business is related to Wholesale Trading of Water Treatment Plant Components and Spares. My query to you is whether I should start it as a Sole Proprietorship Co or a Private Limited Co. My total investment is around Rs.20 Lakhs. Request you to resolve my confusion regarding the Advantages and Disadvantages of both the stream of businesses, please..

Dear All,
Can you provide me custom duty list as chargebale in india.coz i was try excise website but i have not understood so and also provide how to calculate custom duty.

what is CVD in custom.

Its big help for me.
Best Regards
Abadh kishor

If i want to import goods from china what procedure i will have to follow and which documents i need to preapre???

Dear sir,
Suppose A is supplier B is buyer and C is final importer In this case who has to pay the custom duty on High sea Sales

Dear Sir,

I need deatil information for advance licence . we want to import raw material for transmission/ Gear box. Can i use advance licence scheme for import if i am planning to export final product using imported raw material.

Duty to be paid is the Actual value at which we have imported goods or the MRP value at which it is sold in the market.

Plss tell me the procedure of import & export of electronic goods, toys & cloths