Hi

We intend to buy software / License (non-shippable Item) from overseas companies.

Do we have to pay customs duties if the licenses key are fulfilled through email?
do we still have to deduct TDS if it comes through customs?
if we pay both isn't it a dual tax.

Pls advise,

Thanks

Navin

Hi Experts,
Our buyer rejected our consignment.And he regret re work at destination. So we have only one option .
To bring back that item and send it back after re-work.
1) if i import that item duty is applicable?
2) When i am sending after re work is there any new shipping bill filed?
3) First shipping bill how can i close?
PLease give me a brief details on this criteria.

"Goods, other than those falling under Sl. No. 1 exported for repairs abroad"

is mentioned in Point 2 of  'Notification No.94/96- Cus'

My doubt is, is this point applies to goods sent for Quality testing also ?

There is company which obtains raw materials from outside India (Country A) and exports the finished products to other countries (Country C).

In between, the company sends finished products to country B for testing purpose and gets them back to India after testing.

Now the doubt is, what is the treatment for this re-importation of tested finished products ?

What are the applicable Customs provisions ? Is the import duty required to pay ?

I imported machine under EPCG Scheme, but now I want sell the own machine, Can I sell?

I want to know about one of the temple trust is registered or not in Thiruvananthapuram kerala

X Ltd got MEIS scrips from an SEZ port (non-EDI port, say INALF1). Y Ltd buys the said scrips from X Ltd to use it against an import.
Y Ltd got the TRA (telegraphic release advice) in its name and the same is registered in a EDI port (say INCOK1). However, the Y Ltd could not utilise the said scrips and wants to now sell it to ABC LTD.

What is process by which Y LTD can sell the scrip to ABC LTD? How can Y LTD get a TRA issued in favour of ABC LTD from a EDI port (INCOK1)?

Importer imported a machine and send back within 3 months for repairs this machine repairing cost is Rs. 10 lakhs and freight charge Rs. 2 lakh but machine under warranty period  so no amount charge from Importer. However, Supplier from outside India sent a machine to importer for Temporary use for the period upto repairing of original machine, which having value of Rs. 55 Lakhs

Is Custom duty is applicable on Temporary machine or repairing value

tally single user use multiple PCs through Lan is possible

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Dear sir,

In one import consignment I have late submitted my import evidence to bank as I have received import documents late in turn late clearing of goods and late submission of the import evidence. I would like to know whether there is any penalty for late submission ( after three months of remittance ) of import evidence to bank after import of goods. if yes how much it is ?