Whether Import or not?????
This query is : Resolved
12 January 2008
Dear Sir,
Person in India purchased machinery design from a foreign country on papers. Whether that designed papers comes under customs???? Whether we treat it as goods or not????
Dear Sir,
Person in India purchased machinery design from a foreign country on papers. Whether that designed papers comes under customs???? Whether we treat it as goods or not????
14 January 2008
Yes it would be regarded as an imported goods because it would provide the basis of your further manufaturing of the machines.And also as per the provisions of the Custom Valuation rules such value is included.
14 January 2008
YES IT WILL ATTRACT CUSTOMS DUTY.
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
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
