Sending goods outside India for auction. Example company A in India send machines to Mexico for auction. Price will not be known at the time sending the machines. Only auction agreement will be made available to us. How do I send the machines? and at what price I have to issue the invoice?. Price may change according to the bidding in the auction i.e, it may go up or down.

What are issues related to FEMA if price goes down in auction.

Dear All
I am exporting some good from India to africa. The value is approximately 18 lakhs FOB. In near future I am going to import few machine for domestic use. Which benefits can I avail during import of machines. Please suggest

Q1. Is it necessary show re-assessed bill of entry specified in deficiency memo ? what if re-assessment is not done at a prior stage? To whom re-assessment application is made?
Q2 which authority to approach in such case Refund claim under section 27 or Appeal under 128?
Q3. what the limitation period to file an appeal is over?

Hello Friends,
Can you pls clarify on below questions.
1. Is there a limit on amount I can barrow from friend/Relative? Can I barrow like 1-3crs from their declared income(tax already paid)
2. Do I have to pay them interest at minimal rate if I have to keep the amount from more than year or two.
3. Do we have to sign agreement for documentation purpose if the loan is for long term to furnish to IT dept if demands as I will be declaring the loan during IT filing.

Thanks,

My friend send one equipment to service, its not working conditions and 3 year old used in hospitals, for customs clearance what are the documents i need to submit, whether i need to pay custom duty?

Respected Sir/Mam,

I want to know about time limit for "payment of custom duty" after arrival of vessel at port.
I have an idea about Sec 47 of customs act. I also want to know about whether payment of custom duty is impacted by Entry Inward date.

We I started to register AD code at ICEGATE it shown that I have already registered. When I was checking for my password at forgot password with my PAN No. it shown User ID is wrong.
Please let me know how to get the User ID and Password from Icegate.

Please help me to regiter the AD code at Icegate.

Thanks

Venugopal Krishnan
9324040779

Non-physical Imports of the intangibles
(i) AD Banks are required to obtain a certificate from a Chartered Accountant that the software’s, data’s, drawings or designs have been received by the importers where imports are made in non-physical form like software’s or data’s through internet and drawings and designs through e-mail.
(ii) AD Banks are also required to ensure that the importers have to keep inform to the Customs Authorities against the imports as made in non physical form.

Dear Respected Sir,
I am dealing in digital goods(Digital Assets) and receive goods via web. Please advice me how I report to custom department for non physical goods import.

Thinking you
Irfan Khan

how to retrieve icegate id

If merchant exporter is purchasing the goods from the manufacturer and container is being stuffed at the manufacturer factory,
merchant exporter booked the container and container will be sealed at the same time just after the stuffing and will directly be dispatched to the nearest customs
then who needs the sealing permission Manufacturer or merchant exporter
Please give your valuable suggestion

thank you