WE M/S ABC EXPORT PVT LTD HAD EXPORT IN 2011 OF RMG LADIES GARMENTS IN THIS INVOICE WE HAD TO BE RECEIPT DUTY DRAWBACK RS 1.7 LACS BUT WE HAVE NOT RECEIPT YET. BUT WE HAD CHECKED WITH OUR EXPORT CONSULTANT FOUND THAT PAYMENT HAS BEEN RELEASED BY CUSTOMS BUT WE HAVE CHECKED IN OUR BANK STATEMENT WE HAD NOT RECEIVED ANY NEAREST OR EQUAL AMT ON THAT PERIOD . ANY BODY CAN HELP ME WHAT IS THE PROCESSIOR OF CLAIM THAT AMOUNT ? PLEASE HELP ME...........

MY COMPANY IS LOCATED IN INDIA.AND MY CUSTOMER IS IN USA BUT HE WANT THE GOODS DELIVERY IN INDIA.

THIS TRANSACTION IS EXPORT TRANSACTION OR NOT ? AND SECOND IS I WILL PREPARED INVOICE WITH VAT OR EXCISE INVOICE.

PLS. SUGGEST MT.

Kindly gudie me for Export documentation and procedures under UT-1 Thanks

SIR ,I HAVE A CONFUSION THAT ,
WE CAN DO EXPORT GOODS BY 2 WAYS-
1) THROUGH SHIPMENT
2) THROUGH COURIER

AS PER MY OBSERVATIONS ON DOING AUDIT I FOUND THAT ,IF EXPORT MADE BY SHIPMENT THERE ARE CUSTOM PAPERS BILL OF LADING ETC.
BUT IF EXPORT MADE BY COURIER THERE IS NO CUSTOM PAPERS...ONLY COURIER SLIP IS THERE.
HENCE IT'S MEAN THAT CUSTOM CLEARANCE ONLY REQUIRED IN THE CASE OF GOODS EXPORTED THROUGH SHIPMENT ...???
PLEASE GET ME OUT OF THIS PROBLEM .PLEASE

Dear Mr. Vikas,

I got your reference from CA Club.

Could you please sort out the following query:

Subsidiary Company is having Parent Company in Japan which wants to send spare parts to Nepal directly through air and invoice is to be generated from India & Nepal party is ready to make payment in US Dollar to India.

Kindly confirm if this is permitted preferably with the sources to substantiate the same.

Thanks in advance

Regards,
Pooja Garg

Can any one tell me that what is special additional duty ?

Sir,
We establish our new firm for doing export import business 4 months back.We open a Current account with UCO Bank 2 Months back.Now we get a export order for this we have to registered Our BANK A.D.Code with mumbai PORT.
But our bank officials said that they can not give A.D.Code certificate as our account is not 6 months old with bank as per RBI Guiedline.
I want to know are there any such guidlines by the RBI.

Dear Sir,
we are imported material on high sea sales basis, We paid to custom commissioner Rs. 886792/- as Follows:
2.5% - 329875.80
Cess: 4/MT - 5253.70
Custom Ed. Cess - 6702.60
Custom SHE Cess - 3351.30
Additional Duty - 541608

of the above cost which cost we recovered by refund route or credit route?

We are 100% EOU, we are export various goods. In normal practice we raise invoice in USD and receipt of invoice is also in USD.
Now one of the part insisting to raise the invoice in rupee currency and they will also make payment in rupee currency.

i have query whether there is any drawback or any benefit in such transaction in view of income tax, custom, RBI Policy etc

Please give a valid answer
Thanks in advance

How to deduct PPF on salaried employees and of daily wages?