This Query has 1 replies
Is TCS/ TDS applicable on sale of RODTEP scripts to another exporter at a discount .
If TCS/ TDS is applicable , please let us know the section and rate
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Hi,
I had taken up an IEC registration in 2018. But I dropped the business idea in a few months.
I don't need the IEC anymore.
Now my IEC number has come up in the list to be automatically deactivated by DGFT due to non-updation of profile.
Can I just let the IEC get deactivated by DGFT themselves or should I surrender it myself? Are there any differences between the two? Legally do both indicate closed business activities? And can I close my bank current account mentioned during IEC registration after IEC is deactivated by DGFT?
Thanks in advance for your valuable help and guidance.
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Hello sir
I wanted to ask what procedure need to followed if Moowr licenced facility is disposed off under following condition.
1. If it is sold to another company and only management is changing not company name and premise.
2. If Company is merging with another company.
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I am planning to start a medium Gym for a budget of 15 Lakh. My down payment is 1 lakh. How to get a loan of 14 lakhs using Mudra loan
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My client export under HS Code 63053300. Now he wish to claim of RoDTAP scheme. But no mention RoDTAP amount in shipping bill. Now what to do ?
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Background: Our organization is setup as a STPI unit, and we are further looking to expand the office premises. In this arrangement we are looking to enter into a lease with the landlord with an arrangement that the landlord shall assist in importing capital goods (like furniture, camera, security equipment) and we can pay rent to them over the years of lease. Few pointers in this arrangement as below.
Landlord shall import the good from foreign supplier where the invoice issued by the foreign supplier will be "Billed To" the landlord; and "Shipped To" our organization. With such invoices, our organization being setup as a STPI unit shall seek approvals from STPI and Customs for duty exemption on import
At the time of clearance from Customs with STPI approval in hand, our organization shall file the Bill of Entry ("BOE")under our organization IEC code .
The foreign remittance to the supplier shall be made by the landlord from their AD banker within stipulated time. Therefore BOE would be filed with landlord's bank AD code mentioned.
Query:
As the Bill of Entry filed under our IEC code, believe that IDPMS portal shall reflect open Bill of Entry under our IEC.
As the foreign remittance will be made by the landlord, believe that the ORM report will show such foreign remittance under the landlord's IEC code.
Can the Bill of Entry being filed under IEC code of our organization be "settled" with the outward remittance to foreign supplier made under the landlord's IEC code?
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Can anyone guide how to close PF along with pension.
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Dear Experts
If we are importing goods under IGCR 2017 ,NOTIFICATION 50/2017 amended vide Notification 09/2021, clarify vide circular 10/2021
Are we bound to consume the imported goods within the period of Six months,or we can consume imported goods after the period of six months
Please Advise
This Query has 3 replies
Hi sirs/madams,
i have a question as to what date should be put as invoice date on dhl/fedex export invoice..
for example, i receive order and get paid via paypal on October 15. Then I send the product via dhl/fedex on October 23th. dhl/fedex creates an export invoice with the details i provide..What date should be used as the invoice date for this?
Thank you very much,
Preeti
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Dear sir
Import tricycle from foreign country to india. For handicap people..1.how much duty will pay 2. Any exemption from customs department 3. Attract GST..
TCS/ TDS applicability on sale of RODTEP scripts to another exporter