Custom duty for heavy mobile crane
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 May 2013
Dear Sir
We want to import HMC exclusively for handling Port Cargo.What will be Custom Duty ?
Is there any concession in duty if the imported machinery use exclusively handling for Foreign Cargo ?
Regards
A Datta
We want to import HMC exclusively for handling Port Cargo.What will be Custom Duty ?
Is there any concession in duty if the imported machinery use exclusively handling for Foreign Cargo ?
Regards
A Datta
18 May 2013
FOR PROMPT REPLY POST HERE ITC HS CODE .
02 July 2013
The expert is right as you have not mentioned the HS Code it is difficult to give you the duty payable. Anyhow, I am giving some information as below:
Clearance of Used Packing Mqaterials and Goods other than Cpapital Goods, Material Handling Equipment etc.
Hitherto, the Export Oriented Units and units in EPZ/STP/EHTP were required to obtain permission of Development Commissioner/Board of Approval/Standing Committee, as the case may be, for clearance of used packing materials without payment of duty and clearance of goods other than capital goods, material handling equipment etc. on payment of duty. The notifications governing duty free import/procurement of goods by EOU/EPZ/STP/EHTP units, have now been amended to dispense with the requirement of the permission of the Development Commissioner/Board of Approval/Standing Committee etc. for clearaance of used packing materials without payment of duty and clearance of goods other than capital goods, material handling eqipment etc. on payment of duty. Henceforth, the EOU/EPZ/STP/EHTP nits can clear the said goods with the permission of the Assistant Commissioner.
Clearance of Used Packing Mqaterials and Goods other than Cpapital Goods, Material Handling Equipment etc.
Hitherto, the Export Oriented Units and units in EPZ/STP/EHTP were required to obtain permission of Development Commissioner/Board of Approval/Standing Committee, as the case may be, for clearance of used packing materials without payment of duty and clearance of goods other than capital goods, material handling equipment etc. on payment of duty. The notifications governing duty free import/procurement of goods by EOU/EPZ/STP/EHTP units, have now been amended to dispense with the requirement of the permission of the Development Commissioner/Board of Approval/Standing Committee etc. for clearaance of used packing materials without payment of duty and clearance of goods other than capital goods, material handling eqipment etc. on payment of duty. Henceforth, the EOU/EPZ/STP/EHTP nits can clear the said goods with the permission of the Assistant Commissioner.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- U/s 44AD of Income tax
- Difference in tax comparison report
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
