How to pass on Duty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 April 2011 kindly help me on this point.

Hello Sir,

I am working in MNC, in my company we imports every material from Korea & Taiwan. Due to which we have to pay heavy duty & becuasse of it our landing cost goes so highour which eats all the profit as well as we have to loose some order, becuase our quote goes on so higher side.I want to ask that while importing goods we have to pay 23% taxes in which some part we can pass on to the customer. i want to know how??

my company have IC code, Pan Card, Sales Tax Registration.

may customers told me that pass on us the duty please let me know how, how could i pass on the duties & taxes to the customers.

Thanks
Sandeep
8600930775

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 April 2011 YOU CAN AVAIL THE ADVANCE LICENCE FOR IMPORT PURPOSE.

An advance licence is granted for the import of inputs without payment of basic customs duty. Such licences shall be issued in accordance with the policy and procedure in force on the date of issue of the licence and shall be subject to the fulfillment of a time-bound export obligation, and value addition as maybe specified. Advance licences maybe either value based or quantity based.

FOR MORE INFO :
https://dgftcom.nic.in/exim/2000/policy/chap-04.htm

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 April 2011 LATEST LINK IS :-

https://dgftcom.nic.in/exim/2000/policy/ftp-plcontentE-1011.pdf

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