(b) All exporters of products, providers and technologies getting an import-export code (IEC) selection shall be suitable for recognition as a status holder. Status recognition relies upon on export effectiveness. An applicant shall be classified as standing holder on achieving export overall performance in the course of latest and former two monetary yrs, as indicated in paragraph three.
We are manufacturer-exporter of chemicals getting IEC code.We export Calcium Nitrate slipping less than HS code 28342990 which we export beneath self sealing process as we are not availing any customs benefits.
(b) having said that, MEIS, benefits could be claimed either because of the supporting manufacturer (together with disclaimer from the company / agency who's got understood the international exchange directly from abroad) or by the organization/ company who has realized the foreign read more Trade straight from abroad.
As receiver of support the Invoice of support company needs to be paid inclusive of assistance tax. Kindly advise
as I'm Performing being an agent of the German importer irrespective of whether for being compensated provider tax. I am not exporting on to customer but supplying providers to German shopper for procurement of clothes from appropriate supply and with desired top quality .
(a) Transfer of export performance from a single IEC holder to a different IEC holder shall not be permitted. Consequently, a transport Monthly bill that contains name of applicant shall be counted in export effectiveness / turnover of applicant provided that export proceeds from overseas are understood in applicant’s checking account which shall be evidenced from e - BRC / FIRC.
(a) federal government reserves the suitable in community desire, to specify export products and solutions or providers or marketplaces, which shall not be qualified for computation of entitlement of duty credit history scrip.
(g) The status holders could be entitled to preferential treatment method and priority in handling in their consignments through the concerned businesses.
Is a merchant exporter who is receiving advantages of responsibility disadvantage suitable for benefits from MEIS? can one particular avail each duty disadvantage and MEIS rewards jointly for exporting products?
we've been exporting brake lining in opposition to advance license and we don't declare duty drawback. dialogue Discussion board
what's the course of action to make an application for the issuance of duplicate responsibility credit rating scrip less than FPS? What are the fees/ penalty? Plz reply.
the initial holder of scrip, nevertheless, may possibly refund these types of above declare by surrendering precisely the same scrip regardless of whether partly utilized or absolutely unutilized, without the need of interest.
Dear Sir, is usually a merchant exporter that's having great things about responsibility downside qualified for benefits from MEIS? can one particular avail equally obligation drawback and MEIS benefits collectively for exporting merchandise?
If so what is the procedure? Next underneath which marketing Council I've reigister my corporation for availing this profit. I shall be grateful, if any individual manual me appropriately.