EASYOFFICE
EASYOFFICE
EASYOFFICE


shubham bansal
20 November 2015 at 16:13

Payment of excise duty

I purchased Machine duty free from outside. I had used Machine for 4 years and now i want to sell it in DTA. So my question is that Is there any requirement to pay Excise duty on machine and if yes then on what value(purchase value or WDV value)?



Anonymous
19 November 2015 at 21:25

@ 2.5 lac per quarter

Merchant exporter is exporting goods manufactured by supplier using indigenous inputs availing cenvat credit. Export is done against CT-1 bond issued by merchant exporter.
Merchant exporter is getting All Industry duty drawback Rate List benefit.
Manufacturer supplier is claiming Refund against input cenvat credit taken under Rule 5 of the cenvat credit rules 2004 from excise
Excise is saying as per rule 5 no refund shall be sanctioned if export under drawback, as shipping bill seems drawback shipping bill
But manufacturer has purchased goods ingenuously and wants to claim cenvat credit taken to be refunded no local sales are being done by him excise wants manufacturer to clarify the above point for granting refund
Please clarify asap
thanks



Anonymous

Dear All,

We are in export business from last many years. We have been receiving our foreign inward remittances for our export business in an current a/c which has also provided us the ad code & is registered with the customs. Now as our bankers are not providing us with satisfactory services, we are thinking of changing our bankers. Therefore what are the things required to be done for this & what is the procedure to change the ad code at the customs which our new bankers are going to provide.

Any help will be appreciated.

Thanks
Mohammad Kamran


Rashesh Shah
16 November 2015 at 21:02

Copy of bill of entry

If Copy of Bill of entry (Duplicate & Triplicate) would be lost , can we receive the duplicate copy of both Bill of entry. If yes, how ?



Anonymous
12 November 2015 at 15:44

Export mode of transport

One wants to export precursor substances. The consignee based out at Switzerland wants to ship it in his own carrier. Is it permissible.


Makarand
07 November 2015 at 07:05

Certificate of origin

Can I import a consignment without certificate of origin? ...Will there be issue during custom clearance? is certificate of origin mandatory?


Makarand
06 November 2015 at 21:33

Certificate of origin

Can I import consignment without certificate of origin. ..will there be issue during custom clearance?


Rahul Kumar
04 November 2015 at 22:17

Duty draw back on potatos

Are we getting any Duty draw back from Government on potatoes?


rohit patel

Our shipping bills filed between January and March 2015 are not reflecting on DGFT website whereby we are deprived of to avail incentive under FPS / FMS - Chapter 3 of Foreign Trade Policy 2009-2014.

Subject shipping bills have been uploaded severally but still the same are not getting reflected on DGFT website. On discussing the issue with Customs Authority we are informed that since "YES" is not shown under "SCHEME REWARD" the shipping bills are not getting transmitted to DGFT website. In short what we understand from Custom Officials is that the Declaration Of Intent is required.

It is to be recollected that the declaration of intent was first introduced vide Public Notice No. 82/2009-14 dated 16.07.2010 and this was to take effect from 01.01.2011 in order to claim benefits of Chapter 3 of foreign trade policy. This declaration read as " I/We, hereby, declare that I/We shall claim the benefits, as admissible, under Chapter 3 of FTP" was required on all categories of shipping bills. In short no claim under Chapter 3 was admissible without this declaration.

Subsequently the condition of mentioning declaration of intent on shipping bills was dispensed with vide public notice no.53(RE-2010)/2009-14 dated 03.06.2011 and para 3.11.8 was accordingly amended. However the export shipments filed under the free shipping bills category were necessarily required to carry declaration of intent which read as "We intend to claim chapter 3 benefits". Free Shipping Bills as we understand from Chapter 3 of Customs Manual, means a shipping bill where there is no export incentive.

Then vide public notice no. 12(RE-2012)/2009-14 dated 26.07.2012 the existing para 3.11.8 was replaced to read as under.

3.11.8 Declaration of Intent on Free
Shipping Bills

(a) “Export shipments filed under the Free Shipping Bill category, would need the following declaration on the Shipping Bills in order to be eligible for claiming benefits under chapter 3 of FTP:

‘We intend to claim benefits under Chapter 3.’

(b) Such declaration shall not be required for export shipments under any of the schemes of Chapter 4 (including drawback), Chapter 5 or Chapter 6 of FTP.

(c) If there is a decision subsequently / later to include any new product or new market to avail such benefit, then:

(i) For exports of such products/ export to such markets, a grace period of one month from the date of decision/ notification/public notice will be allowed for making this declaration of intent on free shipping bills.

(ii) After the grace period of one month, all exports (of such products or to such markets) would have to include the declaration of intent on the free shipping bills.

(iii) For exports made prior to date of decision/notification/public notice of products/markets, such a declaration will not be required since such exports would have already taken place.”

Since we are not agreeing to the reason offered by Customs Official, by addressing this message we seek your advise to know what could be the reason / reasons which is preventing our shipping bills to get transmitted to DGFT website.


Kalpesh
29 October 2015 at 19:42

Epcg export obligation

Dear Sir/ Madam

We obtain EPCG Licence and we are Started export obligation against it.
Please let us know which date shall be considered as ref.date to start export obligation period for redemption of EPCG Licence.

1. Licence Obtain date.
or
2. Bill of entry date.
or
3. Installation Certificate date

Regards
Kalpesh Sanap