One of our client is Importing Raw materials from various Countries. They are paying Customs Duty for that.

My Query is Whether we have to add the Customs Duty with Purchase or We have to show the Customs duty separately as a expense

can anyone pls reply that as a CA what are the certificates we need to provide to a exporter client so that he can furnish it to the assistant/deputy commissioner if he comes under the drawback scheme.
within what period it is to be furnished and i read it somewhere that it is to be furnished from 2004.
pls reply as soon as possible.
whether any of the above certificates is to be given to any other person then commissioner than pls provide the list.
contents of certificates will be appreciated.

sir,

I havn submitted 2 claim for SAD refund in the month of DEcember 2009....

the claim relates to one importer only..

both claims are for different bill of entries one is imported in the month july

the second was imported in the month of september...


the goods also sold of July import in the month of July as well as in august

the goods imported in septermber sold in month of september and november...

the department raised query as we didnt submit the one single claim...

so is the department is correct...???

as i filed separete claims because goods are sold in different months like july import in july and august


sept. import in sept and october..

pls guide me as early as possible.....

Tapas Aghera
CA FINAL STUDENT

If an EOU exports goods through Merchant Exporter then what would be the benefit to
EOU and how would the Merchant exporter Benefit?

ACTUALLY, WE SEEK FOR ISSUANCE THE FPS SCRIP TOTAL FOB IS RS. 10,54,832.00 HOW MANY LICENSING FEE REQUIRE IF WE PAID THROUGH THE EFT.
THANKS

Dear Experts,

I am going to import 10000 pieces of mobile phones with accessories,so kindly let me know the custom duty charges, I am willing to pay any charges in case you can help me out with the details.
Yours truly
Vishal.M.Kamble
9867052842

hello sir!

i have some problem related in DTA sales (STPI mohali) form.plz send me any furnished format of DTA sale Application Form of STPI (mohali).so that i can obtain approval for DTA sales Entititlement by STP units.

Thanks in Advance!

NaveeN Sethi.

Kindly suggest the procedure for renewal of provisional duty bond which has already expired.

We are a MNC company who is having different manufacturing sites world wide.One of our customer wants place Purchase Order on us for import of material by Air from Germany plant.The customer also want to remit the money to us in Indian Rupees and in turn we will remit the foriegn exchange to our German Plant.

On the basis of the order from our Indian Customer we will ask our German plant to Airfreight the material to the customer directly in India ( Invoice & Airway bill will be issued in the name of the Indian customer) and the Indian customer will release the material from Customs.In this Invoice it will be shown as sold to us and shipped to the other customer.

We like to get clarification that
1.Whether we can remit the foreign exchange to our Germany plant on behalf of the supplies made?
2.Also what type of documents to be issued to the customer from our end?

Regards,
T.M.Varghese

I need Help!

If an importer is importing goods from any country and he is charged Additonal Custom duty which is equivalent to the Domestic Vat rates, can we claim input credit on such payment?

Further the ammount of ACD will be calculated as per which value? i mean the customs value or as per the Permit Value when the Stokc crosses the custom boundary?