Dear All,

We are manufacturer for ATM machine, currently we are importing materials from other countries and we having AD code.

And we are planing to exporting our product to other countries, can we take separate export AD code?

Please suggest regarding this issue.

Prabhakar

I have applied for IEC code online of HUF.
But department rejected it by saying please provide CIN number while I have clearly mention the category of HUF.
What should i do now?
I also paid fees of Rs. 500 two times for the said application.

Sir,

can any one guide me about :
If we show commission on export, what are the consequenses of showing commission in shipping bill on MEIS Scheme and Drawback and any other point to consider before we mention commission on shipping bill before exporting goods?

profit on sale 10000000 from urban agricultural land... how to utilise amount

I have a query regarding the return filed after the due date can be revised or not in any case. Return Filed on 26/08/2016 and due date is 05/08/2016. actually the reason of revision is that the demand has been raised u/s 245 of IT Act due to double effect of the profit in the ITR 4 form. Now i want ro revise the return so that the demand raised could be nullified. Can I do the same? If not then what should I do to nullify the demand?

Our manufacturing company having one FTWZ unit. We are exporting goods from FTWZ unit, these Exports are eligible for calculation of Average Export Obligation of main plant? where I found provisions relating to FTWZ exports eligibility criteria in FTP?
Consider following points:
1. FTWZ unit engaged in purely trading activity only.
2. There is no transaction between manufacturing unit and FTWZ unit
3. All imports for the trading activity are extracted from outside suppliers.

Dear Sir,

'XYZ' company is procuring goods from 'ABC ind pvt ltd' on high seas sale contract. ABC ind pvt ltd is a subsidiary of ABC singapore.
now as per my understanding, the CIF value shall be the HSS value in case of high seas sale. which means if CIF value is INR 100 then HSS value i.e. transaction value between XYZ and ABC ind pvt ltd shall INR 100.
However, IF the HSS value/ transaction value is INR 90 , what would be the implications for XYZ company ? XYZ continues to pay custom duty on INR 100. However, plz suggest if HSS value can be lower than the CIF value?

looking forward for your valuable guidance.

hello Experts,
I want to know whether the Courier Charges And Air Freight will be part of FOB value in case of Export for Claiming the Export Benefits

Regards
Anupam

Would like to get the machine by indigenous through EPCG license. So shall we apply the Licence only for CVD and SAD Portion ?

If its imported machine available in FTWZ facility , shall we apply the Entire potion of Duty as norms? Are wee right?

We need clear details and help us

Status Holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs 10 lakh or 2% of average annual export realization during preceding three licensing years, whichever is higher. How to calculate Rs 10 lakhs as export amount is in Foreign currency?Do we have to use current Conversion rate? In same way,how to calculate export realization amount?