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Somit Srivastava (IPCC)     19 October 2019

Somit Srivastava
IPCC 
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Dear Sir/Mam,

If I will import scrap material from outside country to India what all compliance we need to follow in India?

Also, we require Import Export license to Import scrap material in India?

Please reply as earliest. Thanks 

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CA Dhruva Kalamanji (Chartered Accountant )     19 October 2019

CA Dhruva Kalamanji
Chartered Accountant  
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Yes all the custom rules are applicable. you have to get iec code

Thank you
You can also write to meĀ  at sthayin @ gmail for further assistance

CS Malay M Pota (Company Secreatary)     21 October 2019

CS Malay M Pota
Company Secreatary 
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Please infrom whichs crap do you want to import? becaus plastic scrap battery scrap and some other scrap are prohibited to import in India.So inform us which type of scrap you will import for advising .

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Somit Srivastava (IPCC)     21 October 2019

Somit Srivastava
IPCC 
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Hi Sir,

We are trying to Import Copper Wire & UBC Aluminium cans to India. Please suggest

CS Malay M Pota (Company Secreatary)     21 October 2019

CS Malay M Pota
Company Secreatary 
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Import of Copper wire scrap is free to import in India you need to have IEC and if you are a manufacturer you need to have Pollution control certificate.UBC aluminium can scrap is Free to import if the same falls in HS code 76020010 if falls HS code 76020090 it is restricted to import and for that you need to have import licence.

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Corpbiz Advisors   23 January 2020

Corpbiz Advisors

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TDS which is the abbreviation for Tax Deducted at Source is the advance tax paid by entity/ individual responsible for making payments of professional fee, contract payments, salary, interests, royalty, and dividends among others as per the appropriate tax slabs to Government on behalf of the payee.

Get to know everything about TDS returns including how to file TDS return online, eligibility criteria, due dates and revised tds return.


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