Export obligation under the advance authorisation scheme
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2016
Dear Sir,
If an advance authorisation holder has sold its unit/branch under which the advance authorisation was obtained to its sister concern to which it was supposed to make the exports what are the implications?t
How do we calculate the export obligation in terms of quantity. I have been able to arrive at the EO in value but I am not clear about the quantity.
The DGFT has issued a notice for not meeting the export obligation
If an advance authorisation holder has sold its unit/branch under which the advance authorisation was obtained to its sister concern to which it was supposed to make the exports what are the implications?t
How do we calculate the export obligation in terms of quantity. I have been able to arrive at the EO in value but I am not clear about the quantity.
The DGFT has issued a notice for not meeting the export obligation
16 April 2016
Inform DGFT regarding "sale of business" and get the advance authorisation transferred to new unit.
Export by the unit will also be considered for meeting export obligation.
Contact at arbindaggarwal@yahoo.com for specific resolution.
Export by the unit will also be considered for meeting export obligation.
Contact at arbindaggarwal@yahoo.com for specific resolution.
Message likes :
1 times
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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Regarding Applicability of Tax Audit u/s 44AB
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Section 50-fixed asset-->building ceases to exist
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Consolidated financials
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
