Dear professional,

My client is importing Solar Penal from Chaina and They want to export Those Solar penal with Solar Mounting Structure to Complete Solar Installation Project in another country. so my Question is Whether Set off of Basic Custom Duty Paid at the time of Importing Solar Penal is Available while doing Export?(They are not making any process on solar penal)

sir,

What supporting documents should be verified in case of import of service?

I HAVE IEC CODE ONLY OF A COMPANY HOW TO VIEW TRANSACTION SUMMARY FROM ICEGATE PORTAL

We need to apply for EPCG license for our company. We need the license for importing equipment from abroad. It requires chartered accountant certificate in Appendix 5B. However when I see the form it just mentions exports. It does not mention imports. Please guide what details to be mentioned in that certificate?

what is criteria to issue debit note and credit note for both parties.

Hi,
We are exporting goods to USA. We have cost of material quoted to buyer and also final shipping charges. Say material cost is $1000 and shipping cost is 300$. total value will be $1300
in this case, can we have two line items on invoices and shipping bill mentioning material cost and shipping cost seperately? the intentino is that the buyer pays custom duty as per his country on the cost of material and not on shipping value too.

If a agent import behalf of principal (outside india), to do basic assembly work and supply to customer in India on behalf of principal. (Principal will raise invoice to customer in USD from outside india)
What will be the following impact
1. Custom duty who will pay also valuation of goods. (we can registor the bill of entry in customer name?)
2. agent will raise service charge to principal
3. GST impact to supply of goods to customer in india

which date we should mention for examination date in annexure c1.
say we are filing the shipping bill with e sachet on 25.02.2022 bur the actual factory stuffing date is 26.2.2022.

please advise.

Is TCS/ TDS applicable on sale of RODTEP scripts to another exporter at a discount .
If TCS/ TDS is applicable , please let us know the section and rate

Hi,

I had taken up an IEC registration in 2018. But I dropped the business idea in a few months.

I don't need the IEC anymore.

Now my IEC number has come up in the list to be automatically deactivated by DGFT due to non-updation of profile.

Can I just let the IEC get deactivated by DGFT themselves or should I surrender it myself? Are there any differences between the two? Legally do both indicate closed business activities? And can I close my bank current account mentioned during IEC registration after IEC is deactivated by DGFT?

Thanks in advance for your valuable help and guidance.