Shankar
This Query has 2 replies

This Query has 2 replies

Dear Sir,

We are 100% EOU of GRANITE EXPORTS
and we have one own quarry also.

We are taking the raw material from that quarry around 60% and 40% of the material we will sell to DTA.

then What about the cusoms and excise duty on that one.

Pls Explain to me.


Sudheer J. Sarvate
This Query has 1 replies

This Query has 1 replies

07 May 2008 at 23:36

Refund of Additional custom duty

Sir,

I have read the circular. I have a querry.

After filling the refund application whether custom is going to refund this duty by cheque or we have to claim modvat.

And if someone has already claim modvat then how this duty will be refunded?


Aajay
This Query has 4 replies

This Query has 4 replies

Hi, Friends.. i want to know about import procedure ( practical aspacts). Is there any system of online filing of documents to custom deparments and clearance of custom authorities of impoted items.


raj
This Query has 1 replies

This Query has 1 replies

We are a Pvt. Ltd. STPI unit company, we imported some chairs and equipments from China two and hlf years ago, now these goods are scrapped and kept in company godown, I would like to know the provision and process to dispose under custom Act.

Please know me the relevent provision and process to do so.


Amitabh
This Query has 1 replies

This Query has 1 replies

21 April 2008 at 19:03

Pure Gold Export 995 / 999 Fine

Can an Exporter, export Gold in Pure Form directly,or it is to be routed through the Nominated Agengy or RBI.

Kindly suggest the relevant provisions under RBI / DGFT / CBEC.

Thanks


M. Manikandan
This Query has 1 replies

This Query has 1 replies

Sir,

May I Know, the schemes available for export without paying duty and also give details of the scheme.

Thanks
M. Manikandan


Vijayaganesh Sampathkumar
This Query has 2 replies

This Query has 2 replies

08 April 2008 at 20:05

Refund of Additional duty of customs

Hi,

I have the following query:
GOI vide notification ref:

http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k7/cs102-2k7.htm

has announced refund of Additional duty of customs, on meeting certain conditions. Now, i am an importer-trader. I import goods which are liable for Addl duty of customs @ 4%. Should i add this as part of my inventory cost? Or should i treat it as a receivable?
(Please refer the above link for the full text of the notification)
My Doubt i cannot treat this as a receivable, as there is no certainty. I am eligible to file for a refund only on satisfying the given conditions.

If i load this with my inventory, Will I not be eligible to claim REFUND because of Principles of Unjust enrichment? (Sec.27 of Customs Act).

Please guide.

Thanks / Vijay


Ramesh Babu
This Query has 3 replies

This Query has 3 replies

05 April 2008 at 15:16

guidance req

Hi,Plz tell me abt the BEST coaching institutes for Final (New course) subjects. And which are the best Books apart from ICAI material for preparation.


Parminder Singh
This Query has 1 replies

This Query has 1 replies

26 March 2008 at 16:58

Cenvat Credit

A product is imported and same is also manufactured in India, and it's tax structure is as follows ;-

Basic rate 100.00
Custom duty @7.5 7.50
E.Cess @3% 0.225
--------
Total 107.725
Add CVD @16% 17.236
Add E.cess @3% 0.517
--------
Total 125.478
Add Spl duty @4% 5.019
-------
Total 130.497
-------
now please tell me the amount of cenvat credit and total amount of on which we can can claim cenvat credit.


S K Nagaraja Singh
This Query has 1 replies

This Query has 1 replies

25 March 2008 at 16:45

SPECIAL ADDITIONAL DUTY - REFUND

HI,

WHAT ARE CONDITIONS TO BE SATISFIED FOR CLAIMING REFUND OF SPECIAL ADDITIONAL DUTY IN COURSE OF IMPORT.........