hi
i have imported the goods in the month of fe 2010, at that time the invoice value is 100$, accordingly i have paid the duty.now the supplier has sent the debit note for 50$, saying that the invoice value is 150$, whether for 50$ i need to pay the duty ? kidnly send me the procedure
DEAR SIR,
Before the import, the export sales contract (ESC) arises between the exporter and importer & then after (acceptance / consent of both) the letter of credit opened by buyer & then seller (exporter) deliver the goods , consequent it we hire a Custom House Agent and CHA filed the bill of entry & we paid all the duty as per provision laid down in custom tariff.
IMPORT PROCEDURE:-
In custom inspector, superintendent & after Appraised by appraiser the duty paid as per norms settle by government of
DEPOSIT THE DUTY:-
In Custom, How Many Goods Import You, the Inspector, Appraiser and Deputy Commissioner of Custom Not To Release The Goods Whenever The Duty Deliver By You They Release The Goods. As per provision.
GENERATE OF BILL OF ENTRY:-
After duty paid the generate the bill of entry in three part (custom copy/ buyer copy and exchange control copy.
MATTER:-
Dear Sir, However YOU HAVE IMPORTED THE USD 100 & DUTY DEPOSIT of imported goods on USD 100, & ON THE OTHER hand seller demanded to you for 50 USD it is the matter depends on ESC between seller and buyer.
Please provide the ESC copy, bill of entry & copy of letter of credit so that this matter may be resolve.
For more information go to the following path:-
https://www.dov.gov.in/newsite3/clearance_procedure.asp
Regards,
CAclubindia
