CAN ANYBODY EXPLAIN WHAT IS COUNTERVEILING DUTY AND HOW IT IS LEVIABLE AND WHO NEEDS TO PAY THE SAME.

We have puchased flexi tanks for export of castor oil as a packing material and custom duty has been charged. wheather custom duty paid on packing material used on export goods can be a refundable or not?

Hello expert,

We have EOU unit, We are procuriing Imported machinery for our production but the same will be use for subcontracting at vendor's place.

Any provisions to save the duty on this machinery.

Dear Sir,

We are the manufacturers of M.S.Wire and export the same goods to Nepal. we sale the goods to Nepal without payment of Excise Duty by obtaining the LUT from Asst. Commissioner of Central Excise.

Someone informed us that the exporter is eligible to get the benefit of Duty Entitlement.

Kindly explain us Duty Entitlement Pass Book Scheme.

Regards,

Prem Chandra Thakur

Hello,

We have a customer who need in-bond sales.
We import to equipment in our company name & transfer to customs bond warehouse.

On receiving customer purchase order, in-bond sales agreement and other documents. We de-bond the equipment and bill to customer in INR.
Do we need to add VAT.

Please share your input.

Thanks & Regards
Park J Davis

What is the step-wise procedure to get an assessed Bill of Entry reassessed after adjudication of appellate review and adjudication.

The clearance was not provisional. Instead, it was merit-based per revenue interpretation. Hence, a case where we paid higher import duty and filed the appeal. The tricky part of it is that Commissioner (Appeals) accepted the concessional duty notification to be invoked and have reduced the BCD from 10% to 5%, but not the corresponding CVD. That means there will be an impact on the CVD too for claim of refund.

Suggestions are welcome on:
1. Procedure of reassessment
2. Do we need to reverse the CENVAT credit availed through CVD levied in original assessment.
2. Does it require a certificate of Excise Department??

Best Regards
PP Bhattacharya

Custom Duty@7.5%& Cess
CVD@12% & Cess
Import Duty@ 4%

BE Date

1.at what amount capital assets should be capilised in BOA
2.Assessee has claimed and taken 50% input of custom duty.
3.What should be the treatment of frieght paid in india and abroad
4.what should be the dates for calculations of Forex Gain.

sir,


we have some term deposit in realtion to export. we completed and now we can get refuned of deposit. what is procedure and form require under this.

we are manufacturer and have central excise registration. We export the goods under our UT-1 Bond. we would like to import raw material on which we would like to avail benefits like custom duty, additional duty, CVD, Anti Dumping Duty 100%.

Kindly advise suitable and favorable import export incentive schemes for our industry.

We are 100% EOU Unit We have executed B-17 Bond to import Material under Duty free.
Can we Re credit the B-17 debited amount after DE-bonding the capital goods by paying applicable duties?