As a Individual, I want to do export I have a export number. I want to sell goods to yuganda. I have a contact through my Friend. Buyer made payment in my friend account. In this case what can i do? How to prepare invoice? Provide me a proforma. Also suggest me a journal entry. Reply as soon as possible.

Hi All
Is tds applicable on the reimbursement of expenses charged by CHA( custom House Agent) for clearing the import( India to India) of Material on port???????
For e.g. Certification of Origin, Spice Board Certificate( quality control), Insurance certificate of cargo.???

kindly let me know.

preetprakash

Hello Experts,

I need your valued guidance in below captioned case:

We are Merchant Exporters and recently faced issue while claiming MEIS.

Despite of our declaration in Customs Invoice & Packing List as “WE INTEND TO CLAIM REWARDS UNDER MERCHANDISE EXPORTS FROM INDIA SCHEME (MEIS)”, CHAs were unaware of the fact that they also need to pay attention to an entry field [“Item Code As Per Reward Directory (MEIS)”] while filing shipping bills through the Customs online system.

SB filing date is after 30.09.2015
The S/B has not been sent to DGFT for MEIS benefit as decided between two ministries.

S/B No. - 3430530
S/B Date - 07.10.2015
Port - Sabarmati ICD (INSBI6)

Our S/B front page has also written note “WE INTEND TO CLAIM REWARDS UNDER MERCHANDISE EXPORTS FROM INDIA SCHEME (MEIS)”.

Now Modification is not Possible as current que in ICE Gate is HIST and hence need your valuable guidance, how to claim this particular S/B for MEIS?

hello Sir,

One of my client engaged in manufacturing of cosmetics product, purchases raw material from Itely. on that purchases company pay additional custom duty (for VAT).
basically company has get exemption in Excise duty from notification issued by Govt.

is company claim of refund of Additional custom duty?

can company avail input of additional custom duty from output Vat?

if any notification is exist then kindly update.

whether special cvd paid available for output vat ??

In relation to the field of Import and export, what schemes i can add to my business other than EPCG and MEIS to expand my business.

Dear sir,

I want to know whether vat is to be paid on export drawback recd towards export transaction.

please reply on it.

Thank you
Gayatri Gosavi

Dear Expert,

Let me know,
will we get the duty drawback if consignment on DDU Basis?

Dear experts please clarify my query

What is the difference between excise duty & Custom Duty. and what is present rate of Excise duty and Custom duty , how many types of excise & customs duties .

Please clearly clarify my doubt .

Thanks & Regards
Siva.

Here is an issue. We have one shipping bill ( exchange control copy) for two different LCs of same customers. Now our bank is not accepting two different LCs under a shipping bill.
Is there any wayout so documents can be negotiated ?
Can't we send a letter to bank to accept a shipping bill for both LCs ?
Please guide.