Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Pre Shipment Inspection Fees

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir Regarding SGS Pre-shipment Inspection(PSI) certification of the prescribed country, the SGS office charge about 0.56% of the FOB Value or USD350/- Plus Service tax. Secondly they ask for Chemical and Mechanical Test Report that is also hefty charges by the since the empanelled / authorized labs. 1. The question is If the consignment value is lower say for LCL cargo too the same c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ertification are required? 2.If the manufacturer provide test reports on their own letter head instead of the authorized labs, will it acceptable? On submission of self-declaration the SGS will issue the PSI certificate? Is there any prescribed systems? Pls brief. Thanks with regards. - Reply By Pradeep Khatri - The Reply = Dear Shoeb, Para 2.31 read with para 2.32 of HBP Vol.1 is relevant .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in this regard. Non compliance may attract hefty penalty and seizure of consignment if PSI certificate is not obtained from recognized PSIA and submitted to the Customs Authorities. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) - Reply By MUKUND THAKKAR - The Reply = Dear Shoeb, 1. The question is If the consignment value is lower say for LCL cargo too .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the same certification are required? Yes, SGS certificate is require to meet requirement Importing country.it is not specify and weight or value based but mandatory requirement. 2.If the manufacturer provide test reports on their own letter head instead of the authorized labs, will it acceptable? No, if supplier providing their any test reports are not valid. if it is acceptable than why such .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... agency are operating. only such agency reports are consider by importing country. SGS will providing you their own format for certification. Regards. - Pre Shipment Inspection Fees - Query Started By: - SHOEB VAPIWALA Dated:- 21-11-2014 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax M .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anagement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates