Dear Sir,
I want to apply EPCG application for indiginious machinery. In this process, someone says 5%basic customs duty will also save on indigenous machinery. But as I known, We pay customs duty only on imported goods.Then how I can claim 5% customs duty on indiginious machinery.Sir please clarify
Thanks & Regards,
D.Sudheer babu
We ordered 100 laptops to our Vendor in Singapore But we received only 98 laptops. in this kind of situation what we should do how do we claim the 2 Laptops amount. but our vendor confirming the they shipped 100 Laptops.but we received less qty than the invoice.
We are manufacturer of Ferro Alloys (CHAP-72). Recently we are negotiating with a Foreign Buyer of Slovenia to do job work for them, i.e., they will supply us the primary raw material from abroad and we will manufacture at our production facilities in India with their supplied way material and with addition of some others raw materials procured in India. Then the finished goods will be exported to Slovenia. In return we will receive conversion cost. What are the procedures for the same. Are we eligible for export benefits, i.e., DEPB and FPS. Please advice.
Thanks in advance.
Hi,
Plz clear my doubt:
My company is providing services to out of india. We recd 45$ per transaction but such payt is recd via intermidiary(Co) who deduct his commisiion @2$ per transaction.
Now my doubt is FOB for Tax audit report is on the basis of 45$ or 43$..??
Plz clear it.
Thanks.
Dear Sir,
In export case, How many FOB value required form SDF?
A DTA unit imported a machinery (inventory for the unit) and delivered it directly to its customer which is a 100% EOU in order to avoid freight expense. Is the dta unit liable to pay custom duty or will the duty be exempt as the delivery was made to a 100% EOU?
Please provide relevant notification or case law, if possible.
Sir,
In case of an 100% EOU ( Pharmaceutical company) can do theJobwork/sub-contracting on behalf of DTA unit without directly Export from such (EOU) premises. Material sent back to DTA unit after processing. Pl let us know the relevant notification/Circular/case low which allow to do the jobwork for DTA unit by EOU.
Rgds,
Import duty is levy to control imports for protection of domestic business then why export duty levy required?
We are dealing in importing of a camera chip for machine. We just make the outer body of the chip and sell it for machine systems. Now even after processing(as in mounting the metal body on camera chip) item HSN/Excise code remains the same and also we sell by the same serial no with which it comes from our principals outside India.
We want to sell this product outside India but after paying import duties in india it becomes very expensive. Is there anyway to claim the import duty drawback for the products we export, because we are not doing any major processing on the imported good.
Thanks
Akhil
we are importing sunglasses from u.a.e.
9004100 is free import policy how to get custom duty exemption certificate
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Epcg - 5%customs on indiginious machinery