Iec code number

This query is : Resolved

narayan (Querist)
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05 September 2011 We have our IEC certtificate with the address of our regd office at mulund . The imported goods will be sent to our godown at bhiwandi which is outside mumbai octroi limits .

Will octroi be payable by us on the imports that land in Mumbai docks ???

Will adding the Bhiwandi address in the IEC help in not paying octroi??

narayanan
CFO - one group

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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06 September 2011 Octroi in Mumbai is paid through forms, which gives complete details of the shipments. The form is filled in duplicate. Form `A' is the original form and form `B' is duplicate copy. While calculating octroi the freight is included to the invoice value.
- The check post authorities retain form `A' along with the photocopy of the Invoice. Form `B' along with the original document is handed over to the customer in our case its through BLUE DART EXPRESS LIMITED to the consignee.

EXEMPTION FROM OCTROI:

Exemption is given for shipments forwarded to consignees who are located within sez AREA but for getting the exemption the consignee needs to complete the below formalities.

Apply to Director of Customs Sez with a letter and R form in triplicate, Director stamp and certify the R form stating to allow exemption.

Consignee has to handover the said R form to Blue Dart, which will be submitted to BMC authorities and R form will be opened at the BMC entry gate by paying Rs. 100/- towards processing fees. The 2 copies of opened R form will be handed over to client at the time of delivery.
Consignee should take care of closing & certifying the R form at the time of export.
FOR MORE INFORMATION :

https://www.caclubindia.com/forum/octroi-in-mumbai-39579.asp

narayan

narayan (Querist)
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06 September 2011 Dear Rameshkumar,

Thanks for your reply .

Would be obliged if you can reply to my specific querry raised

Will octroi be payable by us on the imports that land in Mumbai docks ???

Will adding the Bhiwandi address in the IEC help in not paying octroi??

regards

narayan

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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07 September 2011 ALREADY REPLY GIVEN YOU.

https://www.caclubindia.com/forum/octroi-in-mumbai-39579.asp

narayan

narayan (Querist)
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07 September 2011 sir ,

i am still not clear .

if my iec registration has mumbai address and the goods are meant for bhiwandi godown , am i legally liable to pay octroi ??

Secondly what is the advantage of adding my bhiwandi address in the iec

regards

s.narayanan

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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08 September 2011 yes applicable..

for more information:

https://www.caclubindia.com/forum/octroi-in-mumbai-39579.asp

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