Please advice as per the New FTP on EPCG Scheme (Zero % ) Can we use the FIRC Earned by the same company for an Alternative product/Services which was not related to the Capital goods for which the license is granted. Same like can we use the Group company exports for full filling the EO under the scheme
Regarding the Average EO is the Export obligation need to be fulfilled from the FIRC over and above the average EO or Can we utilize the FIRC in the Average EO by maintaining the Average EO condition full filled
One of my friend started a company with group. more than 10 years over private limited company started and he is also one of the Director n all are equal shares holders and they purchased some land on company name n they didn’t conduct a single meeting still now and they did file IT returns, now they got company strick off notice from govt. of India because no IT returns And they didn’t co-operate with my friend, So my question is how can he get that purchased land by equal shares. Company is still strick off.
Dear Sir/ Madam
Recently we are registered as firm (Partnership firm), i want to buy some products online (from other foreign online sites and import to india) or manufacturer or wholesaler from foreign countries, and the same products sell in amazon india and other indian online sites or wholesale or retail. what are the registrations required for this business ?
and is the mandatory to take DGFT licence ?
and need to file the custom duty returns ?
please explain clearly in detailed.