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

AIFTA related problem

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, We would like to import chemical from Thailand under free trade duty. We would like to understand that how much in terms of percentage should be used as a local raw material of Thailand in processing or manufacturing the particular chemical. Say 50% or 60% or any other percentage. Is there some formula pricing wherein we can calculate our selves the right percentage to avoid problems .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . Request you to please check and update. - Reply By Kishan Barai - The Reply = Approximately there is a need of 35% regional value content for AIFTA for most products imported from Thailand, but if you can provide us with your HS Code of chemical then we could help you with exact % you will need of local raw material. - Reply By Rahul Lohia - The Reply = Dear Kishan Ji, Thank you for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the information. Kindly check the below HS CODE require by you. 1) 28258000 2) 28259090 - Reply By Kishan Barai - The Reply = Yes, the products would be duty free if imported from Thailand 35% RVC would be needed for HS Codes ASEAN-India Free Trade Agreement Preferential Tariff certificate would be required from the supplier from Thailand to avail the benefits of 10% wave off of BCD, due to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... which SWS would also be removed. IGST Credit would be available. - AIFTA related problem - Query Started By: - Rahul Lohia Dated:- 10-10-2018 Customs - Import - Export - Customs - SEZ - Got 3 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TM .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ITax .....

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