Import duty
This query is : Resolved
30 May 2011
can u please give import duty of below mention item.
HS code 72181000 of Steel ingots
CIF value 620 USD - Prime Material
CIF Value 560 USD - Secondary Material
HS code 72181000 of Steel ingots
CIF value 620 USD - Prime Material
CIF Value 560 USD - Secondary Material
31 May 2011
pls send secondry & Prime material
31 May 2011
PLEASE NOTED THAT CUSTOM DUTY IS :-
BASIC DUTY 2.5%,
ADDITIONAL DUTY (CVD)10%,
SAD 4%,
EXCISE CESS 3%,
CUSTOM CESS3%.
IF CIF VALUE 620USD THEN DUTY WILL BE :-5142.00
IF CIF VALUE 560 USD THEN DUTY WILL BE RS:-4644.00(ASSUMED THAT EXCHANGE RATE FOR IMPORT IS 45.65 = IUSD )
REGARDS,
ANY QUERY....
BASIC DUTY 2.5%,
ADDITIONAL DUTY (CVD)10%,
SAD 4%,
EXCISE CESS 3%,
CUSTOM CESS3%.
IF CIF VALUE 620USD THEN DUTY WILL BE :-5142.00
IF CIF VALUE 560 USD THEN DUTY WILL BE RS:-4644.00(ASSUMED THAT EXCHANGE RATE FOR IMPORT IS 45.65 = IUSD )
REGARDS,
ANY QUERY....
31 May 2011
if any amount reimberse on these item ?
for Secondary material Tax rates are same ?
for Secondary material Tax rates are same ?
31 May 2011
ONLY SAD REFUND SUBMIT IN THE CUSTOM IN THE LIGHT OF NOTIFICATION NO. 102/2007 CBEC.
31 May 2011
what is the proceedure of refund ?
31 May 2011
IN MUMBAI CUSTOM SUBMIT THE DOCUMENTS :-
Processing
The TA/STA of CRC IIA/B receives the refund application and registers the refund claim and allots one unique number for the same. He submits the refund file on the same/subsequent day to AC for his perusal. After the AC/CRC, signs as a token of having seen the refund claim, the refund claim is scrutinized by the STA/EO for any deficiency of documents. If they notice any deficiency, the deficiency memo is issued.
If the refund application is in order, the same is taken up for processing as per the turn. Refunds amounts of less than Rs.50,000/- are processed by the EO and other claims of refund amount more than 50,000/-are processed by the AO/Supdt.(P). They will prepare the brief facts and submit the same to AC for approval. AC will scrutinize the submitted documents and approve the brief facts, if everything is in order. Otherwise necessary query will be raised for clarification. Once the AC approves the brief facts, O-I-O number is obtained and O-I-O is issued. Then NOC from Groups/other sections is obtained. Then Refund order is prepared by AO/Superintendent and issued to party for signature verification/bank endorsement. If the refund amount is more than Rs. 5 lakhs then file is forwarded to audit section for pre-audit. After receipt of file from audit, file is forwarded to CAO for preparation of cheque. CAO will verify non payment of any refund against the said B’s/E and also verifies the genuineness of TR6 Challans and prepares the cheque, if everything is in order. Then the cheque is handed over to the authorized representative of the Importer
PLEASE FOR MORE INFORMATION READ THE BELOW MENTIONED LINK:-
http://www.jawaharcustoms.gov.in/newsite/refund/procedure.asp
Processing
The TA/STA of CRC IIA/B receives the refund application and registers the refund claim and allots one unique number for the same. He submits the refund file on the same/subsequent day to AC for his perusal. After the AC/CRC, signs as a token of having seen the refund claim, the refund claim is scrutinized by the STA/EO for any deficiency of documents. If they notice any deficiency, the deficiency memo is issued.
If the refund application is in order, the same is taken up for processing as per the turn. Refunds amounts of less than Rs.50,000/- are processed by the EO and other claims of refund amount more than 50,000/-are processed by the AO/Supdt.(P). They will prepare the brief facts and submit the same to AC for approval. AC will scrutinize the submitted documents and approve the brief facts, if everything is in order. Otherwise necessary query will be raised for clarification. Once the AC approves the brief facts, O-I-O number is obtained and O-I-O is issued. Then NOC from Groups/other sections is obtained. Then Refund order is prepared by AO/Superintendent and issued to party for signature verification/bank endorsement. If the refund amount is more than Rs. 5 lakhs then file is forwarded to audit section for pre-audit. After receipt of file from audit, file is forwarded to CAO for preparation of cheque. CAO will verify non payment of any refund against the said B’s/E and also verifies the genuineness of TR6 Challans and prepares the cheque, if everything is in order. Then the cheque is handed over to the authorized representative of the Importer
PLEASE FOR MORE INFORMATION READ THE BELOW MENTIONED LINK:-
http://www.jawaharcustoms.gov.in/newsite/refund/procedure.asp
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
Unanswered Queries
- ITR 3 VALIDATION
- Brokage income from sale and purchase of property
- Regarding Withdrawal of unused amount in Capital Gain account scheme
- 44AD business and F&O loss
- Preparation of PL BS and presentation in ITR
- Purchase of Time Deposit in AIS
- UNUTILISED CAPITAL GAIN FD
- Error while validating
- LTCG EXEMPTION AND TAX APPLICABILITY
- ITR-4- U/s.44AD- Financial Particulars of Business
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Stamp Duty & Registration Fees on Sale Deed
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
- Switch over to Composition Scheme
- Gstr 9 and itc
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
