TMI BlogBILL OF ENTRYX X X X Extracts X X X X X X X X Extracts X X X X ..... Date of filing of BE with Bank from which payment is made in foreign currency including LC/DP etc. WHAT LOSS WE WILL BEAR ON ABOVE NON COMPLIANCE - Reply By Surender Gupta - The Reply = Do you want ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to say that you have borrowed foreign exchange for making payment towards import of goods but could not import the goods and therefore, could not submit BE with the bank? If it is so, are you able t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o prove the situation beyond control or reasons? or it is merely a con-compliance of filing of BE but you have imported material and no contravention relating to imported of goods and remittance of fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reign exchange? You need to specify you query more clearly and in detail. - Reply By Joginder Pal - The Reply = After the payment is made from the bank in foreign currency, one is required to file the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bill of Entry, claiming clearance under the Customs Act and after clearance of the goods, to forward the exchange control copy of B/E to the bank which completes liability of the party forwarding the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... foreign exchange, failing which necessary action can be initiated under FEMA. - BILL OF ENTRY - Query Started By: - PAWAN KUMAR SHARMA Dated:- 5-8-2010 Customs - Import - Export - Customs - SEZ - G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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