Dear Sir,

We are 100% EOU of GRANITE EXPORTS
and we have one own quarry also.

We are taking the raw material from that quarry around 60% and 40% of the material we will sell to DTA.

then What about the cusoms and excise duty on that one.

Pls Explain to me.

Sir,

I have read the circular. I have a querry.

After filling the refund application whether custom is going to refund this duty by cheque or we have to claim modvat.

And if someone has already claim modvat then how this duty will be refunded?

Hi, Friends.. i want to know about import procedure ( practical aspacts). Is there any system of online filing of documents to custom deparments and clearance of custom authorities of impoted items.

We are a Pvt. Ltd. STPI unit company, we imported some chairs and equipments from China two and hlf years ago, now these goods are scrapped and kept in company godown, I would like to know the provision and process to dispose under custom Act.

Please know me the relevent provision and process to do so.

Can an Exporter, export Gold in Pure Form directly,or it is to be routed through the Nominated Agengy or RBI.

Kindly suggest the relevant provisions under RBI / DGFT / CBEC.

Thanks

Sir,

May I Know, the schemes available for export without paying duty and also give details of the scheme.

Thanks
M. Manikandan

Hi,

I have the following query:
GOI vide notification ref:

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k7/cs102-2k7.htm

has announced refund of Additional duty of customs, on meeting certain conditions. Now, i am an importer-trader. I import goods which are liable for Addl duty of customs @ 4%. Should i add this as part of my inventory cost? Or should i treat it as a receivable?
(Please refer the above link for the full text of the notification)
My Doubt i cannot treat this as a receivable, as there is no certainty. I am eligible to file for a refund only on satisfying the given conditions.

If i load this with my inventory, Will I not be eligible to claim REFUND because of Principles of Unjust enrichment? (Sec.27 of Customs Act).

Please guide.

Thanks / Vijay

Hi,Plz tell me abt the BEST coaching institutes for Final (New course) subjects. And which are the best Books apart from ICAI material for preparation.

A product is imported and same is also manufactured in India, and it's tax structure is as follows ;-

Basic rate 100.00
Custom duty @7.5 7.50
E.Cess @3% 0.225
--------
Total 107.725
Add CVD @16% 17.236
Add E.cess @3% 0.517
--------
Total 125.478
Add Spl duty @4% 5.019
-------
Total 130.497
-------
now please tell me the amount of cenvat credit and total amount of on which we can can claim cenvat credit.

HI,

WHAT ARE CONDITIONS TO BE SATISFIED FOR CLAIMING REFUND OF SPECIAL ADDITIONAL DUTY IN COURSE OF IMPORT.........