Sir we are planing to import plant and machinery for new manufacturing unit under EPCG .
for that how much bank guarantee is required to give full amount of duty saved or any concession is available to manufacturer.
Please give clarification on it as early as possible...
I wish to import certain mobile accessories like power bank and mobile adapters in SKD. Do it will save import duty?
Do I need an Excise registration for assembly thereof ?
Dear All,
Greetings of the day,
We are a leading Mfg. com. in india having units all states .
we imported a Machine under EPCG Licence from Singapore in name of our Uttrakhand unit. but Machine is delivered in Himachal Pradesh.
Please clear the whole scynerio to fullfill the followings.
1-Documents need for transfer of Ccapital goods from Unit-1 uttranchal to unit-2 himachal pradesh of same company
2-Accounting Trearment in each unit .
3-Intimation of Machine Arrival by which unit.
4-Installation certificate by which unit.
Thanks & Regards in Advance
Ashish kumar
EOU had imported some electronic lab equipment in the past.
When the Equipment was found defective, in the absence of any service Centre in India, the same was ‘re-exported for Repair” to the overseas service Centre of the manufaurer
Now after repair, they are re-importing the equipment, for which they have paid in advance the repairing charges to the overseas service Centre. .
However, the custom is detaining the said re-import asking the EOU to produce permission from Ministry Of Environment, Forest & Climate Change (MOEF)
Is there any necessity to get such permission from MOEF for Re-imports of repaired equipment?
We know all attempts has to be made to make our motherland environmentally clean
Hazardous waste generated within the country and that is coming from outside the country should be checked and reduced.
At the same time in this case i.e. Re-imports of repaired equipment’s the following points are to be considered
1. The equipment was imported into India long time back .
2. The equipment became defective and instead of throwing it away as waste, it was re-exported for repair
3. Now it is repaired and hence it is not coming back as a waste product.
4. In other words, the re-exported defective equipment which was in India, is coming back after repair as usable item only to be used continuously.
Definitely there will be some notification waiving off ‘re-imports after repair “from the purview of MOEF permission.
Can anyone give some more light on this? I do not think that Government is not so illogical to overlook the above mentioned points.
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.
Answer nowhi 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
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...........
Answer nowHello,
Currently we have provisional SVB order and we are paying 1% EDD. Now we are appearing shortly for the PH for Final SVB order.
Now in our supplier's organization top management is changed and they are changing name of their organization very soon.
Now in this case I hope SVB amendment is required.
So is it good to finalize the SVB order with current supplier name?
Can we amend same SVB order with new supplier name?
OR
Again we have to do complete SVB process with new supplier name?
Please guide.
Thanks a lot in advance.
How much duty and charges if v import furniture and sofa from China
Answer nowDear Sir / Madam,
Can SHIS / FMS scrips be used against payment of duty towards import of second hand goods?
Please give relevant circulars / notifications in this regard.
Bank guarantee required under epcg