Dear All,

I have a query regarding exchange rate to be applied for calculation of export obligation in USD (as per SB). Do we have to apply exchange rate prevailing on the day of SB filing or shall we apply exchange rate as per licence.

My understanding after reading attached POLICY CIRCULAR NO. 8(RE-98)/98-99 dt.:28.05.98 of DGFT, we shall take exchange rate as per EPCG licence for calculation of export obligation in USD and no need to apply exchange rate prevailing on the day of SB filing.

Is that correct? what is the practice followed in the trade?

Can anyone help me on this?

Dear Experts,
Mr."Z" have Ordered materials to "X" in Norway but he ordered to "Y" is in China, "Y" directly Send the Materials to Z in India for $100.00.as bill to "X" and Ship to "Z" Basis. Later "X" is issue a total invoice of $160.00. for customs purpose bill is registered $100.00 in the name of Y
my question is, whether these type of transactions are allowable in customs as we as in GST, and how to make payments Please suggest

What will be the taxes which I need to bear in Importing? Please let me know the type of taxes and rates of the taxes applicable?

sir i have made a hss on one of the cabinet. i asked the shipper to issue in invoice in the name of new hss buyer but the problem is bill of lading has been issued in the name of old consignee and not in the name of new Hss buyer. now the bank is saying we can't make remittance since the bill of lading has not been issued in the name of new hss buyer. please help

Hello everyone, I have a question regarding the origin of https://apkkingo.com/. I attempted to search on Google, but unfortunately, I couldn't find any information.

There was an Risky profile Alert. Our local IGST team inspected our Accounts and submitted their audit report. Also given recommendation go DGARM, Delhi for removing Risky alert two years back by direct mail. However, we are not getting Drawback amount for our exports which are pending from 2020-21 onwards.

Kindy guide us how to resolve ? can we make our grievance mail through Icegate?. We have sent a letter to Customs- drawback section for direction . But , no reply.

Hello

if some BOE is not reflect in GST 2a last two year but we claim itc in gst 3b. Please suggest what we do?

A Singapore based Company is arranging a Seminar in Mumbai, we a registered company in Kolkata is taking part this seminar by booking a booth (2m X 2m). As per contract we have paid
fees by US Dollar. Now is this transaction attract Custom Duties ? And what is the % of IGST ?
Regards

If a UAE based company wants to provide software consultancy services to individual person in India, is there any tax (customs/vat/gst etc) or license that the UAE based company needs to consider?

If we are sending Wet Wipes to USA from India and same material on the same HSN code (33079090 )is sent from China. Then what will be the import duty, custom duty, etc levied for the wet wipes sent from India and what will be the import duty, custom duty, etc levied for the wet wipes dispatched to USA from China.

THANKS IN ADVANCE.