This Query is in reference to the our Advance Licence which was issued to us on 09th September 2015.

As per the condition of this Advance Licence, first we have to import and then export to discharge its export obligation within the time frame of 90 days from the date of filing Import Bill of entry. Since it is the new business thus we had very few orders of export resulted that we could not use the advance licence for the complete first year till 9th September 2016.

Therefore we applied for the extension of this Advance Licence for another six month till 08th March 2017 and was allowed too by DGFT, as per the attached extension letter.

Now considering the future forecast of export orders, we had imported against Advance licence with the quantity of 50 MT and filed its Bill of entry on 16th January 2017.

Hence kindly advise us THE LAST DATE OF EXPORT, wherein we can discharge our export obligation, as the last date of this Advance Licence is 08th March 2017 after the above said extension.

Waiting for your earlier reply.

How to know that PAN is correct. Before I got the verification of PAN on income tax website through know your jurisdiction option at website , but now there is no such service. Please tell me where to know PAN jurisdiction or do PAN verification.

One of my client has already applied for EPCG scheme in the year 2014 and also received the respective license. Now as per scheme, it has to fulfill export obligation of annual average export performance as well as export value of 6 times of duty saved. It also needs to file RA at every year as per scheme.

Unfortunately my client is not able fulfill the export obligation. It has made export sales upto the value of 6 times of duty saved but not able to maintain the annual perfomance level. Are there any remedies for this situation, where an importer importing under the EPCG scheme not able to fulfill the annual export performance?

Also, what type of form is required to submitted for obligation redemption?

And what are the consequences for late filing of RA?

Thanks in advance

Dear Sir I am A Viswa Chandan, I am starting a startup and i would like to do registration of my own as a startup i cant afford huge money to others and make a inc. Certificate so In order to make my self i want to know what all things are necessary from registering a Private limited company and also if you can please send me the download links of pdf forms and i will start my registration. Thank You all in advance.

Dear Sir,

Shipment was made from Nhava sheva port
drawback scroll no 15365/2016 dt:23.03.2016 but still we han't received any payment
shipping bill no 2437931/17.08.2015

Kindly inform us what the action should be taken

regards, sunil

Hy

We are importing machine under 0% EPCG. We want to apply as per 3.1(f) with 15% bank guarantee. We are registered with central excise, however we don't have past export record. our production will start post installation of machinery till date we have filled one excise return of "NIL" and our future production will be non-excise-able. Can we apply with 15% BG.

Reviews / suggestion please.

Some unit gets permission to bring machinery under epcg scheme, but do not inform excise authorities whether actually machinery brought or not even after 6 months. is it okay under custom rules and epcg scheme

We have an 0% EPCG license. We want start domestic sale before starting export as we are confident that we will meet EO with in 6 years. Can we start domestic sale first before start of export. If yes, then is there any circular or notice for the same.

Thanks!

In proprietorship business , need any pan card in the name of business?. proprietor had a pan card in his name and submit returns but now banks want a pan card for business name. is it possible to create new pan card in business name?

Dear All,

We are manufacturer for ATM machine, currently we are importing materials from other countries and we having AD code.

And we are planing to exporting our product to other countries, can we take separate export AD code?

Please suggest regarding this issue.

Prabhakar