Due to certain reasons, we forget to claim our SAD refund within a year. Is there any provision for us to claim our SAD refund now.

Dear Expert,

There is a company which is into direct import of foreign liquor, and also purchase of imported liquor under a bond.

The final liability for payment of custom duty is on the said company. There is a charge of additional duty @ 4% over and above the basic duty of 150% of assessable value.
Goods can be sold only after the payment of the said duty.

The company has already paid an amount of 3.6 Crores as total custom duty till 30th June 2015 (for 1st quarter), and an amount of 15 crores in the last FY 2014-15 as total custom duty.

Came to know about the notification no.102/2007 Customs, allowing refund for additional duties of customs paid.

Request for assistance of the procedure and allowance for refund in this case (if applicable).

Thanks

I am filing application for iec online, after filling information for master file, there is showing an error " task could not be completed " please suggest me reason for that..

can any one help me out by sharing format of third party export agreement which is required to export through third party to full fill export obligation under EPCG.

Dear Experts,

What is the procedure if your duty drawback claim is suspended when shipping bill filed electronicly and whether there is any time barred provision relating to Duty drawback.
Drawback is in the nature of when raw material imported and finished goods exported and drawback is claimed at all industry rate.

Regards.
Kapil Goyal

hi experts,

i want to know 2 thngs

1) if i export cloths to canada through e-business , say rs 100000rs then how much taxes i have to pay as coustom duty, and what requirement i have to fullfill under fema

2) if rather then directly sales in canada, i transfer to mr x in canada (i.e wholesaler ), who later ll sell the cloth, will its be proftable as whole assuming mr x is also my family member

Hi
I have problem in applying online for the IEC. I wanted to Apply as an individual but the application require firm details and certain feild are marked with * which says are mandatory. Could any one guide me for getting an IEC (for Individual), wherein I have Pan No. and Savings account. I intend to startup trading so once I reach to a slab of VAT or sales tax I would take the same. Pls guide.

Dear all
please advice

1. Can we file IEC Modification online. please provide me link or help file for filing ONLINE modification of IEC for address change

2. Do we have to submit physical papers also after filing online modification.

Thanks in advance.

We have exported one crane on returnable basis. At the time of export exchange rate was 40 and now when we brought it back exchange rate is 63. What value we should declare because AO is considering the value in USD in which we exported but due to exchange fluctuation it is almost two time higher then my book value and duty is coming almost equal to cost of my crane. Please suggest.

Dear All,

We had imported machinery and spares from various countries this year,please let me know whether i can avail 50% cenvat credit on CVD and 100% on additional duty for this Financial Year.

Regards

Rajesh Kotkar