We are a MNC unit; we are planning import old machines parts at no charges basis .i.e. we are will not pay value of Machines Parts.


Query:
1. Can we import Machine Parts? If Yes

As a sample OR Gift

OR ANY OTHER WAY

We will pay all duty

2. What procedures we follow.

We are a MNC unit; we have imported material in month of March and July’08.
Now we found some quantity are rejected. now we want to send material to our supplier

Query:
1.Can we go for Duty Drawback scheme at
the time of Re-Exportation?
2.Could you please guide me on Duty
Drawback procedures?
3.Can we Re-Export part material under
Duty Drawback Scheme.
4.What is document we want to submit to
custom at time of Re-Exportation?
5.Shell we used same Packing for export.

Plz Reply me soon

Thanks

Aniket

We are importing our RM for Mfg purpose. And finish good are sale in india as well as export. We take CENVAT credit of CVD + Cess on CVD and Additional duty.

Now, we have excess RM and we are planning to export same RM to our inter company. So please advice and how to process.

Can we go for claim Drawback or rebate clime?

If yes, what would happen to the credit we have taken in register?

Custom Authority is asking for a certificate from Central Excise authority stating that No Cenvat credit is taken for the items being exported.

Early response in details will highly appreciated

Thanks

Dear All,
An importer imported capital goods worth EURO 450000. 50% Advance payment was remitted through Bank "A" and after that goods was shipped. Original documents were received through bank "B" and balance 50% payment was remitted through bank "B". Now, as per RBI rules, importer has to submit proof of import i.e. Exchange control copy of bill of entry to bank through which import payment was remitted. In this case what should importer do ? to which bank he should submit bill of entry.

What is Entry Tax? What is the basis of its calculation? Are there any reference books?

hai

when we purchase any machinery under EPCG LIC., the excise duty will be refunded, why it is done like that ?

In case of import no duty will be refund ?

can anyone clarify the above ?

regards
k.ravi

Dear Sir/Madam,

Whether FOB Value for the purpose of calculating DEPB Value includes packing cost of materials shown seperately in the invoice

pls. reply it immediately.... prakarthi@gmail.com

prasanth v nair

what is ct1 and ct3.
what is 100% EOU.
what is ARE related to ct 1 & 3.

can u provide me the Advance licence procedure for international competitive bidding...?

Dear Members,

Can credit be taken on additional duty of customs paid

Thanx in advance