This Query has 2 replies
whether for custom bonding is there any requirement for green card..
This Query has 3 replies
Dear experts,
We are a battery manufacturing Unit. Registered with Excise and Customs. We have imported a battery manufacturing machinery against EPCG licence. As per EPCG licence export obligation should cover with in 8 years and the proportion of obligation is for 1st and 2nd year NIL, 3rd and 4th year 15%, 5th & 6th year 35% and balance 7th and 8th year 50%. But due to huge demand we have completed obligation in 2nd year.
Now my question is wheather we are elegible to get redumption letter from customs or we have to follow above % properly.
Kindly inform me with Notification No.
Thanks and regards,
R.Dutta
This Query has 1 replies
direct exporter can get duty drwaback
or
indirect exporter.
This Query has 1 replies
can duty
can be drwaback on direct export
or
indirect export
or
both
plz reply
This Query has 1 replies
We are a 100% EOU manufacturing Bulk Drugs and purchase material imported and indigenous accordingly make Export and DTA sale but mostly we are selling our product in DTA and pay excise duty (8.24%) only. For making product we use indigenous procured goods, which we procured against CT-3. Should we also pay Customs duty (50%) & Excise duty (8.24%) as well as both Cess. Please let us know the duty structure of DTA clearance in relation to use of indigenous procured goods with relevant notification.
This Query has 1 replies
WE ARE MAFG BUT I HAVE NO EXCISE NUMBER CAN DRWABACK THE CVD.
This Query has 1 replies
what is bcd, CVD, ACD, ADC.
IT CAN BE DRWABACK OR NOT.
OR
ONLY BCD IS DRAWBACK.
This Query has 1 replies
what is import duty?.
is it freight?
or
in hindi seema shulak
what is cvd, bcd,
acd iunder customs act?
e.g
we are a mfg and are regularly importing consumer goods from Pakistan from pak inds, lahore thru. International clearing agency.(frieght) eg.
Import purchases Rs.1164@$48.60 exchange rate.
exchange control copy made by international clearing agency of rs. 57853.00(ass. value)+8739(import duty)
Import duty on 1164@48.60$+ins ch 637+freght73++landing charges1% on 57280.00(i.e after ins and frgt.)then assesable value 57853.00@6% CUSTOMS DUTY=3471 THEN CVD ON 61324(57853+3471)=2527 AND ACD=2741=5268(CVD+ACD)
THEN TOTAL IMPORT DUTY =3471+5268=8739.00 deposited by international clearing agency in Amritsar to inspector customs rail cargo,
other Clearing charges incurred by international clearing agency.15000.00 and he make a bill rs.8739+20000=28739.00 in favor to us.
plz pass the purchase entry.
Can import duty an refundable?
tds is to deducted on 28739.00 or 20000.00
u/s 194c
CUSTOMS DUTY 6%I. 3471.00 REFUNDABLE OR CVD OR ACD
IS IT 3471.00 OR CVD OR ACD? FROM WHICH IS FREIGHT AMOUNT?
IF HAVE TELL ME?
PLZ REPLY............................../
IT IS URGENT
This Query has 4 replies
imp
This Query has 1 replies
Could some give me some informations on customs act & proocedure
custom bonding