Customs duty and clearance

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2012
Sir, we ordered some chains on a Indian co.of worth Rs.4 laks. It will be sent singapore.
items description says so and so, in Singapore make.
our terms is we will provide duty exemtion certififate under 51/96 notification.
indian co. says chains will be shipped from singapore and we have clear it from customs.Pl clarifiy,
1.how invoice to be made by singapore Co. in these situation but value to be paid to indian co.
2.can it be imported order being placed on indian co. but items from signapore.
regards
JunaidAhmed

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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08 May 2012 you mean that this is your subsidiary company in this regards link:

http://www.cbec.gov.in/customs/cst-2k11-12/gen-exemptn-idx.htm

http://www.cbec.gov.in/customs/cst-2k11-12/cs-gen116-120.pdf

Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2012 Thanks.
Can you give specific solution to this case. Order placed in INR. If any addl info required pl inform.
JunaidAhmed

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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08 May 2012 जुनैद, आपसे इल्तजा है कि अपनी इनवाइस में इंडियन रुपया मैन्सन कर दे.

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