My client import the goods onwhich basic customs duty rate is zero and CVD is 6 %
whether EC & SHEC @ 2% & 1% on basic customs duty is applicable or not
sir, pls help for online application how to start from & what documents require or to keep ready before to make online to start the online application . pls give in details.
regards.
What is the procedure for registration of A.D Code with customs after getting the bank letter from the bank?
Answer nowDear Sir,
I need a clarification regarding Refund of 4% SAD scheme in reference to Circular No.10/2012-Customs dated 29.03.2012 wherein as per para 4 it is mentioned that
“Board also reiterates Para 8 of Board’s Circular No. 27/2010-Customs, dated 13-08-2010 wherein it was mentioned that in the interest of ensuring expeditious grant of refund of 4% SAD, the importers may be advised to make the initial payment of 4% CVD in cash.”
DGFT has also informed that no re-crediting shall be done if such payment is made by means of scrips. In other words, in future exporters should pay SAD component in cash if they want a refund.”
Please clarify whether said SAD component only can be paid in cash and rest through scrip or we have to pay all the duties i.e. BCD, CVD & SAD in cash to get the SAD refund.
Because we were paying custom duties through scrip as per said circular it is clearly mentioned that “NO re-crediting of SAD shall be done if such payment is made by means of scrip.”
Thanks & regards,
Sir,
I have a query whether the Builder who import goods for their projects complying the Legal Metrology Act 2009, except for the material imported is to be used in their projects which they are ultimately going to sell to their customers.
Are they eligible for the said exemption in 021/2012, coz they pay VAT on the Flats that they sell to their customers.
And if they are Eligible for getting the Exemption of the SAD, what is the argument that we can make for this.
Kindly guide me on the same, the sooner will be a blessing for me.
Thanks & Regards,
HITEN SACHDEV
Dear Sir / Madam / Friends,
We are a Software developing Company based in Gandhinagar IT/ITES SEZ. I have a query regarding import of Software through Internet. we have recently purchase a software from US based software company. The US based co. will give us the access code of the software through Email. We will have to download the software from US based companies website through internet by using code nos and install in our system. Further we have received a user manual with CD through post. We have also filed a Form 15CA & Form 15CB. My query is how i cleared this process in SEZ as they asked for a import clearance papers. But actully we had not paid any thing or disclose anywhere regarding this.
Futher, as our unit is in SEZ, we are going to claim a service tax exemption regarding this.
You all requested to please resolve my query at the earliest as the transaction was already done and paper work is pending @ SEZ.
I want to verify (Custom Duty) on goods imported.Please tell me what steps should taken while we are auditing custom duty
Answer nowPlz provide me a checklist of EPCG (total procedure from issuance to redemption) ..so that i can perform the task assigned to me satisfactorily...
Answer nowRESPECTED SIR,
DGFT
I WANT TO KNOW
ADVANCE LICENCE , DEPB AND EPCG PROCEDURE AND DOCUMENT ( APPLICATION TO EODC PROCEDURE WITH DOCUMENTATIONS )
THANKS AND REGARDS
PRITESH PATEL
Manufacturing Solar Lantern(CH No.94055040)which is exempted from ED and VAT is applicable. Inputs imported for manufacturing the above product attracts BCD, CVD and SAD. Since our final product is exempted from ED, we are not availing input credit. Is their any notification to avoid double tax (i.e.SAD on inputs and VAT on final product).Reply from members highly appreciated.
Answer now
Ec & shec @ 2% & 1%