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A N Bhutada & Co.
Chartered Accountants
A N Bhutada & CO. 1
Contact โ€“ 80555 66789
A N Bhutada & CO. 2
About Us
A N Bhutada & CO. is committed to helping
entrepreneurs to grow their business with
peace of mind at an affordable price. We
provide consultancy and render our services
for availing incentives/benefits available
against export & Import of Goods and Services.
We are professional consultant on Foreign
Trade Policy, providing result oriented services
to our valued clients relating DGFT , Customs
and Exicse.
Refund of Exice Duty +
Import Duty + Service tax
Foreign Trade Policy
Benefits
EPCG
Refund of Import Duty
Status Holder Scheme
Merchant Exporter
Support Service
A N Bhutada & CO. 3
Manufacture doing export get refund of Excise + Import Duty + Service paid
100 % Duty Free Import of Capital goods for Export of Goods
Refund of SAD duty paid at time of Import of goods for trading
Cash benefit 2 % to 5 % on export value benefit on export of goods / services
Our Services
Purchase of goods at Zero excise duty in India for export of goods by Trader
Status-holdersโ€”What special privileges
Accounting, Excise/Service tax/VAT/ CST return filling, PF , PT Compliances etc.
Export Benefits Refund
The manufacturer doing export of business has first to pay the excise duty on goods , import duty if
there is any imported inputs used and service tax on various services required for doing business.
These all taxes increase the cost of product in international market hence to reduce this cost
government allows refund of Excise duty + Import duty + Service tax paid under Rule 5 of CCR 2000.
A N Bhutada & CO.
4
Refund
Excise
Duty
Service
tax
Import
Duty
Our Services
๏ƒ˜ Preparing working papers for refund claim application
๏ƒ˜ Preparing Refund Claim Application For Assesse
๏ƒ˜ Submission of claim to department & follow Up
๏ƒ˜ Obtaining Refund Cheque in name of Assessee
The Government of India has framed several schemes to promote exports and to obtain
foreign exchange. These schemes grants incentive and other benefits. The few important
export incentives, where cash benefit up to 2 to 5 % of Export value is available.
Various Benefits for export of goods & Services
A N Bhutada & CO. 5
Merchandise Export Form India Scheme ( MEIS )
On Export of notified goods to notified markets / countries are provided a benefit ranging from 2 %
to 5 % of FOB Value of exports or FOB value realized which ever is less. ( i.e. On export of Rs. 5 Cr
government will give benefit of Appx. Rs.10 to 25 lac subject to fulfillment of conditions.)
5555
Foreign Trade Policy Benefits
Service Export Form India Scheme ( SEIS )
Service exporter gets (benefit ranging) duty script of 5% or 3 % ( depending on the category of
service ) of net of foreign exchange earned. ( i.e. On export of Rs. 5 Cr government will give benefit
of Appx. Rs.10 to 25 lac subject to fulfillment of conditions.)
2 to 5 % of
Export
benefit in
cash
MEIS
MEIS
The EPCG scheme allows import of new capital goods (including CKD/SKD thereof as well as
computer software systems and spares, jigs, fixtures, dies and moulds) at NIL Customs duty as against
the normal total of 26.428%, thus providing a total duty saved of import value. This is subject to an
Export Obligation (EO) equivalent to 6 times of duty saved, to be fulfilled over a period of 6 years
reckoned from the date of issuance of license.
๏ƒ˜We can assist you in scheme planning for maximum benefits, documentation
๏ƒ˜Preparing application preparations, representation and coordination with DGFT
๏ƒ˜Duty free Import of Capital goods
๏ƒ˜Later we will assist you in redemptions of the Authorization
A N Bhutada & CO. 6
EPCG 100 % Duty Free import of Capital goods for Export of Goods
Our Services
A N Bhutada & CO. 7
Refund of Import Duty Refund of SAD duty paid at time of Import of goods for trading
While Importing goods in India, the importer is required to pay Special Additional Duty (SAD). The
rationale behind levying this import duty is to counterbalance VAT (i.e. tax revenues of
government) and boost the domestic suppliers (which would have been purchased from domestic
market otherwise). If the same goods are further sold out then refund can be available to importer
to the extent of Special Additional Duty (SAD) paid. We, at our end make sure to assist our clients
in getting their Refund of Special Additional Duty (SAD) without minimal complications.
Refund
SAD
Duty
๏ƒ˜ Preparing Documentation for Refund Application
๏ƒ˜ Submission of Claim with department & follow up
๏ƒ˜ Obtaining Refund Cheque in name of Assessee
Our Services
Status Holder Scheme Status-holdersโ€”What special privileges
All exporters of goods and services having an importer-exporter-exporter code (IEC) number shall
be eligible for recognition as a status-holder. Merchant Exporters, Manufacturer Exporters, Service
Providers, Export Oriented Units, are eligible for such recognition on the basis of following export
performance during the current plus previous 2 years.
Status holders are entitled to enjoy the following facilities
๏ƒ˜ Authorisation / certificate / permissions and Customs clearance for
both imports and exports on self-declaration basis.
๏ƒ˜ Fixation of Input-Output norms on priority within 60 days.
๏ƒ˜ Exemption from furnishing of Bank guarantee.
๏ƒ˜ The Status holder would be entitled to preferential treatment and
priority in handling of their consignment.
๏ƒ˜ 100% retention of foreign exchange in EEFC account.
S.No Status Category Export
FOB
(in US $
Million)
1 One Star Export House 3
2 Two Star Export House 25
3 Three Star Export House 100
4 Four Star Export House 500
5 Five Star Export House 2000
A N Bhutada & CO. 9
Merchant Exporter Purchase of Goods at Zero Excise Duty In India For Export of Goods By Trader
โ€œMerchant Exporter" means a person engaged in trading activity and exporting or intending to
export goods Merchant exporter procures the material from a manufacturer and exports in his firmโ€™s
name. Merchant Exporter can export the excisable goods directly from the premises of the
manufacturer with out payment of excise duty with executing bond and excise documents. Our
services reduces the cost of product due to non payment of excise duty and also reduces cash
blockage of funds.
Our Services
๏ƒ˜ Executing Bond with Excise department for export of goods with
out payment of duty to Manufacturer
๏ƒ˜ Preparing necessary documents for taking permission of officer
๏ƒ˜ After completion of export submission of proof of export
๏ƒ˜ Closure of Bond
A N Bhutada & CO. 10
We provide a complete line of efficient accounting and tax solutions that can help
our clients in effective and efficient management of their financial and
accounting functions. Our efficient delivery model and capabilities enable our
clients in lowering the operating costs without sacrificing quality.
๏‚– Accounting on-site / off-site.
๏‚– Payroll advisory, processing and disbursement.
๏‚– Tax payment support and reminders in due time.
๏‚– Filing of e-TDS , Service tax, MVAT Returns, All Excise Returns etc.
๏‚– MVAT - Form C / H / I F etc. Issuance & Collection.
๏‚– Companies Act 2013 & miscellaneous matters with Registrar of Companies.
๏‚– Assist in compliance with procedures, availment of tax benefits.
๏‚– Ongoing compliances under the STPI / EoU schemes.
๏‚– Labour Law Records like PF, Profession Tax, ESIC, etc.
Business Support Services
Client Base/ Type of Industries we serving
We offer comprehensive services designed to keep businesses compliant with various
reporting and regulatory requirements and to support them in growth and development.
Following are industry we are serving.
Manufacturing of Generator
Software & Allied Services
Plastic Manufacturing Industries
Domestic Consumable Manufacturing
Tools & Dies Manufacturing
Toys Manufacturing Company
A N Bhutada & CO. 11
Person - CA Amit Bhutada
Email - amitbhutada@outlook.com
Contact No - 80555 66789
Address - Office No. 145 , Ashoka Mall, Bund Garden Raod,
Pune โ€“ 411 001
A N Bhutada & CO. 12
Thank You

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Export Import form India - Tax Saving

  • 1. A N Bhutada & Co. Chartered Accountants A N Bhutada & CO. 1 Contact โ€“ 80555 66789
  • 2. A N Bhutada & CO. 2 About Us A N Bhutada & CO. is committed to helping entrepreneurs to grow their business with peace of mind at an affordable price. We provide consultancy and render our services for availing incentives/benefits available against export & Import of Goods and Services. We are professional consultant on Foreign Trade Policy, providing result oriented services to our valued clients relating DGFT , Customs and Exicse.
  • 3. Refund of Exice Duty + Import Duty + Service tax Foreign Trade Policy Benefits EPCG Refund of Import Duty Status Holder Scheme Merchant Exporter Support Service A N Bhutada & CO. 3 Manufacture doing export get refund of Excise + Import Duty + Service paid 100 % Duty Free Import of Capital goods for Export of Goods Refund of SAD duty paid at time of Import of goods for trading Cash benefit 2 % to 5 % on export value benefit on export of goods / services Our Services Purchase of goods at Zero excise duty in India for export of goods by Trader Status-holdersโ€”What special privileges Accounting, Excise/Service tax/VAT/ CST return filling, PF , PT Compliances etc.
  • 4. Export Benefits Refund The manufacturer doing export of business has first to pay the excise duty on goods , import duty if there is any imported inputs used and service tax on various services required for doing business. These all taxes increase the cost of product in international market hence to reduce this cost government allows refund of Excise duty + Import duty + Service tax paid under Rule 5 of CCR 2000. A N Bhutada & CO. 4 Refund Excise Duty Service tax Import Duty Our Services ๏ƒ˜ Preparing working papers for refund claim application ๏ƒ˜ Preparing Refund Claim Application For Assesse ๏ƒ˜ Submission of claim to department & follow Up ๏ƒ˜ Obtaining Refund Cheque in name of Assessee
  • 5. The Government of India has framed several schemes to promote exports and to obtain foreign exchange. These schemes grants incentive and other benefits. The few important export incentives, where cash benefit up to 2 to 5 % of Export value is available. Various Benefits for export of goods & Services A N Bhutada & CO. 5 Merchandise Export Form India Scheme ( MEIS ) On Export of notified goods to notified markets / countries are provided a benefit ranging from 2 % to 5 % of FOB Value of exports or FOB value realized which ever is less. ( i.e. On export of Rs. 5 Cr government will give benefit of Appx. Rs.10 to 25 lac subject to fulfillment of conditions.) 5555 Foreign Trade Policy Benefits Service Export Form India Scheme ( SEIS ) Service exporter gets (benefit ranging) duty script of 5% or 3 % ( depending on the category of service ) of net of foreign exchange earned. ( i.e. On export of Rs. 5 Cr government will give benefit of Appx. Rs.10 to 25 lac subject to fulfillment of conditions.) 2 to 5 % of Export benefit in cash MEIS MEIS
  • 6. The EPCG scheme allows import of new capital goods (including CKD/SKD thereof as well as computer software systems and spares, jigs, fixtures, dies and moulds) at NIL Customs duty as against the normal total of 26.428%, thus providing a total duty saved of import value. This is subject to an Export Obligation (EO) equivalent to 6 times of duty saved, to be fulfilled over a period of 6 years reckoned from the date of issuance of license. ๏ƒ˜We can assist you in scheme planning for maximum benefits, documentation ๏ƒ˜Preparing application preparations, representation and coordination with DGFT ๏ƒ˜Duty free Import of Capital goods ๏ƒ˜Later we will assist you in redemptions of the Authorization A N Bhutada & CO. 6 EPCG 100 % Duty Free import of Capital goods for Export of Goods Our Services
  • 7. A N Bhutada & CO. 7 Refund of Import Duty Refund of SAD duty paid at time of Import of goods for trading While Importing goods in India, the importer is required to pay Special Additional Duty (SAD). The rationale behind levying this import duty is to counterbalance VAT (i.e. tax revenues of government) and boost the domestic suppliers (which would have been purchased from domestic market otherwise). If the same goods are further sold out then refund can be available to importer to the extent of Special Additional Duty (SAD) paid. We, at our end make sure to assist our clients in getting their Refund of Special Additional Duty (SAD) without minimal complications. Refund SAD Duty ๏ƒ˜ Preparing Documentation for Refund Application ๏ƒ˜ Submission of Claim with department & follow up ๏ƒ˜ Obtaining Refund Cheque in name of Assessee Our Services
  • 8. Status Holder Scheme Status-holdersโ€”What special privileges All exporters of goods and services having an importer-exporter-exporter code (IEC) number shall be eligible for recognition as a status-holder. Merchant Exporters, Manufacturer Exporters, Service Providers, Export Oriented Units, are eligible for such recognition on the basis of following export performance during the current plus previous 2 years. Status holders are entitled to enjoy the following facilities ๏ƒ˜ Authorisation / certificate / permissions and Customs clearance for both imports and exports on self-declaration basis. ๏ƒ˜ Fixation of Input-Output norms on priority within 60 days. ๏ƒ˜ Exemption from furnishing of Bank guarantee. ๏ƒ˜ The Status holder would be entitled to preferential treatment and priority in handling of their consignment. ๏ƒ˜ 100% retention of foreign exchange in EEFC account. S.No Status Category Export FOB (in US $ Million) 1 One Star Export House 3 2 Two Star Export House 25 3 Three Star Export House 100 4 Four Star Export House 500 5 Five Star Export House 2000
  • 9. A N Bhutada & CO. 9 Merchant Exporter Purchase of Goods at Zero Excise Duty In India For Export of Goods By Trader โ€œMerchant Exporter" means a person engaged in trading activity and exporting or intending to export goods Merchant exporter procures the material from a manufacturer and exports in his firmโ€™s name. Merchant Exporter can export the excisable goods directly from the premises of the manufacturer with out payment of excise duty with executing bond and excise documents. Our services reduces the cost of product due to non payment of excise duty and also reduces cash blockage of funds. Our Services ๏ƒ˜ Executing Bond with Excise department for export of goods with out payment of duty to Manufacturer ๏ƒ˜ Preparing necessary documents for taking permission of officer ๏ƒ˜ After completion of export submission of proof of export ๏ƒ˜ Closure of Bond
  • 10. A N Bhutada & CO. 10 We provide a complete line of efficient accounting and tax solutions that can help our clients in effective and efficient management of their financial and accounting functions. Our efficient delivery model and capabilities enable our clients in lowering the operating costs without sacrificing quality. ๏‚– Accounting on-site / off-site. ๏‚– Payroll advisory, processing and disbursement. ๏‚– Tax payment support and reminders in due time. ๏‚– Filing of e-TDS , Service tax, MVAT Returns, All Excise Returns etc. ๏‚– MVAT - Form C / H / I F etc. Issuance & Collection. ๏‚– Companies Act 2013 & miscellaneous matters with Registrar of Companies. ๏‚– Assist in compliance with procedures, availment of tax benefits. ๏‚– Ongoing compliances under the STPI / EoU schemes. ๏‚– Labour Law Records like PF, Profession Tax, ESIC, etc. Business Support Services
  • 11. Client Base/ Type of Industries we serving We offer comprehensive services designed to keep businesses compliant with various reporting and regulatory requirements and to support them in growth and development. Following are industry we are serving. Manufacturing of Generator Software & Allied Services Plastic Manufacturing Industries Domestic Consumable Manufacturing Tools & Dies Manufacturing Toys Manufacturing Company A N Bhutada & CO. 11
  • 12. Person - CA Amit Bhutada Email - amitbhutada@outlook.com Contact No - 80555 66789 Address - Office No. 145 , Ashoka Mall, Bund Garden Raod, Pune โ€“ 411 001 A N Bhutada & CO. 12 Thank You