Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Exemption of Customs Duty and Excise Duty

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....xemption of Customs Duty and Excise Duty<br> Query (Issue) Started By: - Syed Ibrahim Dated:- 15-11-2011 Last Reply Date:- 2-2-2012 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>Sir, We wish to inform that TWAD board requires HDPE pipe using PE 100 resin which is to be imported from foreign, for executing a water supply project with the International loan assistance from JICA. The project i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s being implemented through a contractor for which the contract was awarded to him under ICB bidding process.We agree to issue Project Authoriyu Certificate (PAC) in appendix 27 under paragraphs 4.1.3 and 8.2.4 of FTP, for the tax exemption. In the PAC under quantity column we want to indicate our requirement of pipes both in lenth in "m" and weight in "MT" soas to inform the quantity of resin to....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... be imported . But the manufacturer/Vendor is objecting for weight in "MT". He wants the quantity in "m" only. Please guide us the correct way of submitting the PAC. Syed Abbas Ibrahim Deputy Chief Engineer, TWAD Board, Chennai. Reply By Naveed S: The Reply: There is no reason why the manufacturere is objecting for weight in MT, maybe as the gross weight might increase/decrease due to Moistur....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e/Rust or for any other reason. As the details of quantity and description are required to be shown in the PAC certificate, the quantity may be shown in Length (in "m') and in the Description Column the Breadth/Size/Quality/Thickness of the said HDPE Pipes may be inserted, so that even if the weight in MT is not shown, the same can be calculated based on the details shown in the Description colum....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n. Reply By PRASANTA KHATAI: The Reply: Our company has obtained PAC from one of the U.P.Govt Authority for availing customs duty exemptions for a project under JICA & ICB.The case seems to be similar to that of yours.You need to ensure that the unit mentioned in the foreign supplier's invoice should match with the PAC so that smooth clearance of the goods from the customs authority can be facil....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....itated. &#65279;As regards Meter vis-a-vis Weight , it can be decided on the basis of the BOQ issued by the customer in the purchase order and also the unit of supplies ordered to the foreign supplier. Hope , this can be resolved amicably on the above ground , The undersigned can be contacted over phone at 9818830315 Thanks, Prasanta Khatai,New Delhi<br> Discussion Forum - Knowledge Sharing ....