CHATROOM

TNC Rajagopalan answers SME queries related to GST, export and import matters

Firstly, the brush you supply has no stand-alone utility or commercial value since it can be used only as an accessory for applying the hair-dye

RBI itself allows initial period of 9 months to realise export proceeds

The CBEC Circular no.38/97-Customs dated 19th September 1997 says that any group company having status recognition as 'export house' under the FTP can give the corporate guarantee

You should prepare an e-way bill for sending the goods to the consignee, as instructed by the foreign buyer

Rule 53 of the SEZ Rules, 2006 has no provision to count any supply from a SEZ unit to a bonded warehouse as earnings for the purpose of NFE calculations

That notification now allows exporters to open foreign currency accounts outside India to receive export proceeds and utilise the funds for making payments for imports

Drawback and Rodtep will be available only against export of goods. At the time of export of goods, one must declare the value of the goods in the shipping bill

If goods are imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions

TNC Rajagopalan answers SME queries related to GST, export and import matters

Prefabricated buildings fall under the tariff heading 9406. Modular building units of steel fall under the tariff line 94062000. All the items under the heading 9406 can be imported freely

Rajagopalan answers readers' SME queries related to GST, export and import matters

Any option for making supplies without GST payment is not available for such deemed exports

The RBI has only put up the draft directions on exports and imports of goods and services for public response. The directions would be finalised only after receiving feedback from stakeholders

Rajagopalan answers SME queries related to GST, export and import matters

Rajagopalan answers readers' SME queries related to GST, export and import matters

When you re-import the goods under notification 45/2017-Cus dated June 30. 2017, you have to pay the GST, DBK and RoDTEP amounts at the time of clearance

It appears the government intends to give GAEC for exports of SCOMET items only to the parties to whom you have already made some exports

In my opinion, you have to close the EPCG authorisations taken for the capital goods installed in unit 'A' only, the DTA unit that is being converted into EOU

Rule 9 of the Customs and Central Excise Duties Drawback Rules, 2017 and proviso at Para 2(1)(b) of notification no.76/2001-Cus (NT) dated 23rd September 2021 put a cap on the amount of drawback