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SERIES
  • 6 months ago
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00:00:00So
00:00:30power to grant exemption from duty, exemption from duty, once again, yes.
00:01:00Section 25, Inward Processing of Goods.
00:01:07Inward, you are getting it back for processing of goods.
00:01:21Goods are imported for repair, further processing or manufacture.
00:01:26In the cases, you import.
00:01:28If you import, import duty will be cut.
00:01:31Sir, I am going to import the same thing.
00:01:34I am going to do it.
00:01:35I am going to do it.
00:01:36I am going to do it.
00:01:38It is not real import.
00:01:40So, that will be exemptions.
00:01:43Exemption.
00:01:44Conditions.
00:01:45The goods shall be re-exported within a period of one year.
00:01:50One year will be re-exported and repair.
00:01:53And that should be identifiable separately.
00:01:58Separately.
00:01:59Imported goods are identifiable in the export goods.
00:02:03It is important.
00:02:04Now, you import, you import.
00:02:05You will export, as you remove the import, you are going to make it clear identify.
00:02:09So, you will begin to identify.
00:02:10Such other conditions also notified by the government.
00:02:15That has fulfilled.
00:02:16Exemption will be given.
00:02:18Repair then to repair.
00:02:20Section 21 Outport Processing of Goods, that is why you are re-imported after repair.
00:02:29After repair, that is why you are going to export.
00:02:35You are going to repair.
00:02:42Originally export.
00:02:45You are going to import for repair.
00:02:50You are going to export.
00:02:54In terms of import, what is duty?
00:02:57You are going to repair.
00:02:59You are going to repair.
00:03:01You are going to do this.
00:03:04On satisfaction, this condition.
00:03:06Section 20, you are going to import.
00:03:12Import, you are going to import, duty, or any of that?
00:03:16Yeah, you are going to cut.
00:03:18When you are doing that, you are going to reverse and export.
00:03:22You are going to repair.
00:03:24If you are going to repair, you are going to import.
00:03:29If you are going to import duty, you are going to ask?
00:03:32So, the scenario is the outward processing of goods, goods are re-imported after repair, further processing or manufacture, shall be re-imported within a period of one year and that should be separately identifiable and some other conditions should also be specified and should be fulfilled.
00:04:02And when it comes to the customs and terminologies that you have to be mastered by that, derelict, jetsam, floatsam, wreck.
00:04:15And the other thing is, the vessel or cargo abandoned without any hope of recovering it.
00:04:31Titanic couple, three eyes in the middle of the night, and the other thing is, the vessel or cargo abandoned without any hope of recovering it.
00:04:49Couple, couple, item.
00:04:53That's why you are going to get that item.
00:04:57That item is Derigate.
00:05:00Jetsam.
00:05:02Jetsam.
00:05:05Goods to throw into the sea to reduce the weight.
00:05:09Couple 3-meter.
00:05:12Couple, a couple is a weight.
00:05:15When people come here, they have a cyclone farmer and have a bottle of water.
00:05:21Some wait for them, they grow the stuff inside.
00:05:23They put in the cart on the item in the table.
00:05:26You just have to go to the cart on the cart on the cart.
00:05:30You can do the cart on the cart.
00:05:34But you want to go to the cart on the cart.
00:05:39Then you want to go to the cart.
00:05:41The goods are the best and the other items are the best.
00:05:53And the best means.
00:06:07When your friends are watching the moon and the moon's moon,
00:06:16you've moved into a new moon's moon.
00:06:22You've got a new moon's moon's moon.
00:06:28We will be able to see this moon.
00:06:32Say, no, not by a person or by an audience, no one comes.
00:06:36No one comes.
00:06:38No one comes.
00:06:42Floats, jets and derelicts…
00:06:44Mary Litts, neden Ini one reason is
00:06:47we're going to take the beach too.
00:06:50How do we apply? Antique,
00:06:52There's an absolute value.
00:06:53It's not a value in this place.
00:06:57That's how it comes.
00:06:59you are not supposed to take
00:07:01you are not supposed to take
00:07:03you are not supposed to take
00:07:05that is the GST
00:07:07that is the GST
00:07:09that is the GST
00:07:11Derylick
00:07:13Jetsam
00:07:15Derylick
00:07:17Cycron Farmer
00:07:19couple
00:07:21goods
00:07:23units
00:07:25Derylick
00:07:27couple
00:07:29O-weight
00:07:31that is the GST
00:07:33that is the GST
00:07:35that is the GST
00:07:37you are not supposed to take
00:07:39the GST
00:07:41that is the GST
00:07:43Recon and
00:07:45cargo
00:07:47or vessel
00:07:49or any property
00:07:51any property
00:07:53which are cost-assure
00:07:55okay
00:07:57there is a ship
00:07:59by tides
00:08:01ship
00:08:02ship
00:08:03one
00:08:04one
00:08:05one
00:08:06one
00:08:07one
00:08:09one
00:08:11of course
00:08:12you have to prove that
00:08:13you are the owner
00:08:15that is the GST
00:08:17that is the GST
00:08:19Derylick
00:08:20Jetsam
00:08:21Floatsam
00:08:22and wreck
00:08:23right
00:08:25salon
00:08:28in the situation
00:08:31no duty
00:08:33situation
00:08:35pilferage
00:08:36from
00:08:37imp
00:08:55No duty is payable if the pilferage found before puts it clear from the customs.
00:09:13Customs are clear from the customs, the pilferage will not have to prove the pilferages.
00:09:33Pilferages will prove the pilferages.
00:09:36And duty is payable if the pilferages will claim.
00:09:43It is not applicable for various goods.
00:09:51And sample of goods consume or destroy or examination,
00:10:01So, in India, in Chennai port, a couple here goods came.
00:10:14Customs clearances are clear.
00:10:17Customs clearances are clear.
00:10:20If you are in the customs office, you can go to the customs office and order.
00:10:27The other name is Out of Customs Charge.
00:10:30Out of Customs Charge.
00:10:32Customs charge is control.
00:10:34If I am in the custody, charge.
00:10:37Okay.
00:10:38Long charge is not required.
00:10:40So, right now if I have not wtedy done my choice,
00:10:41It is also appointed what I am using.
00:10:42P Bonjour.
00:10:43But have a proof of the dutyation
00:10:43It reported by customer charge.
00:10:45Without the duty of customs charge,
00:10:48The orderutan is required by a bullet,
00:10:52You have room of corrections.
00:10:53And you would be at the court point there.
00:10:55To answer the court already.
00:10:57I am your death.
00:10:58You have your wife.
00:11:00Ask the Cayman in custody.
00:11:01Are you mistakenly in motion.
00:11:02I will trial.
00:11:04amentosnt the complaint.
00:11:05Now you should in order to recycle the police case.
00:11:07Police case is not done.
00:11:09One of the police case is not done.
00:11:11Cut tax and you are not done.
00:11:13That is the refund claim.
00:11:15In the case of customs clearance,
00:11:19all documents are available.
00:11:21Customs officers are asking,
00:11:25I am physically going to go and do it.
00:11:27I am not going to import it.
00:11:29I am not going to check it.
00:11:31I am not going to check it.
00:11:33It is not going to be a duty.
00:11:35So physical verification is not allowed.
00:11:37You can cut duty on your application and all that you need to do.
00:11:41So if you're going to get a plan, you can cut.
00:11:42Before you get this plan, you will have to send a plan.
00:11:46So if you're going to cut the deal, it will be refund.
00:11:49So you can't cut the deal and cut the deal.
00:11:51So you can't cut the deal.
00:11:53That's why you need to pay the deal.
00:11:55You can pay the deal.
00:11:57You can pay the deal.
00:11:59You can pay the deal.
00:12:01You can pay the deal.
00:12:03So if we look at all the products, we will see the products in the market.
00:12:10If we see the products, the products are available in the market.
00:12:14So we don't know how to make this product.
00:12:17Let's say that we are going to sell products in the market.
00:12:22What did I tell you?
00:12:25He gave me a wallet a wallet
00:12:29He gave me two dollars a wallet
00:12:32They gave me one wallet
00:12:34He gave me an wallet
00:12:37He gave me one wallet
00:12:41He said, no, he gave me all the money
00:12:44Been here gonna buy one wallet
00:12:46He gave me a wallet
00:12:48I saw him
00:12:51So you have to pay the tax.
00:12:53So you have to pay the tax.
00:12:55If you consume that, to verify the sample, test or examination, that will not be considered for viver.
00:13:07That will not be considered for viver.
00:13:09And proof not required.
00:13:15If you have to prove that, you can't prove it.
00:13:21This is very important point.
00:13:25Okay, proof is.
00:13:27In section 13, you will see 23.
00:13:33In the example, you will see the link in the section.
00:13:36Section 13 is a duty viver.
00:13:39Section 23 is a duty viver.
00:13:42Section 31, before it gets cleared from the customs charge.
00:13:46You can claim the refund.
00:13:48If you have paid.
00:13:50If you don't pay, you can...
00:13:52No need to pay if you don't find the goods available.
00:13:56The theft edge.
00:13:58Nothing will cut down.
00:14:00But you know, 23, what is the proof?
00:14:02Proof does not require.
00:14:04The theft edge.
00:14:06The theft edge.
00:14:08The theft edge is a duty viver.
00:14:10Viver house.
00:14:12Viver house.
00:14:14Viver house.
00:14:16The theft edge is a duty viver.
00:14:18The theft edge is a duty viver.
00:14:20The theft edge is a duty viver.
00:14:22So, after that is 23.
00:14:2623 is the proof that we have to climb up and climb up.
00:14:30In 13 is the proof that we have to go.
00:14:34Why are there? Customs control.
00:14:38We have to go.
00:14:40We have to go.
00:14:42And in section 13,
00:14:46in the section 13,
00:14:48you have to go.
00:14:50What conditions are satisfied?
00:14:54Imported goods should have been pilfered.
00:14:58And occurred after unloading,
00:15:02but before order for clearances.
00:15:04That is the ship.
00:15:08That is the climb.
00:15:10That is not restored.
00:15:12100 units.
00:15:14You have to be able to go.
00:15:16You are going to be able to go.
00:15:18You are going to be insure.
00:15:20You are going to be insurer.
00:15:22Insurance company, 100 units.
00:15:24That is the first one.
00:15:26You have to go.
00:15:28So, it is not restored.
00:15:30Not restorable.
00:15:32Not restored.
00:15:34No duties.
00:15:36Hard duty.
00:15:38Reef and Climb.
00:15:40Right now,
00:15:42Now, panadial study kagan data on this section 23, class 2, go on the right.
00:15:49No duty in case of relinquishment of the title to the goods, relinquishment.
00:15:56Right.
00:15:59These were cases in your case.
00:16:02Okay.
00:16:03Remission of duty on goods lost or destruction of goods.
00:16:10This section is not applicable for pilferage under section 23.
00:16:22Pilferage under section 13.
00:16:25Section 13, then 23, color of law.
00:16:29Border of proof is on importer.
00:16:33Proof pannnou?
00:16:34That importer proof pannnou?
00:16:36Applicable for laws or destruction due to fire or natural calamity.
00:16:48Laws or destruction should be found before clearances or goods from customs.
00:16:53Aunggi naanapta irukkalaam, even for the goods warehose.
00:16:57Warehose pannnda patttundal.
00:16:59Allowable.
00:17:00So, at the end of the day, we need to do it again.
00:17:02Thirteen-le-one-due, thirudupai irukkanao.
00:17:04And the customs clearance is unadhi naanapta irukkanao.
00:17:07The conditions are unadhi naanapta irukkanao.
00:17:28No duty in case of relinquishment.
00:17:35If I told you if I'm a TV, I have a tax on TV, and I'm a tax on TV.
00:17:42I'll be in India and I'll be in India.
00:17:46That's my fault.
00:17:47If I'm not a tax on tax on the same thing, I'll be a duty cut.
00:17:53That's the relinquishment of the title to the goods.
00:17:57Now, if you're able to take TV from India, you go to India.
00:18:04Then, you go to India.
00:18:06If you take it from India, you will take tax for me.
00:18:09You will take tax for me to take your car.
00:18:14You will come to India.
00:18:17You are in India.
00:18:18You will take the tax for you to go to India.
00:18:22I will take the tax for you to come to India.
00:18:25Martha Yosifah meant,
00:18:27Aunggye yandu tanja aadhingyaan
00:18:29Kandukishtha aungg
00:18:31Kandukishtha aungg
00:18:33Yandukishtha aungg
00:18:35So prohibited goods
00:18:37So prohibited goods
00:18:39Not possible
00:18:41So it's not possible
00:18:43If relinquishment
00:18:45Is before the order of clearances
00:18:47If relinquishment
00:18:49Is before the order of clearances
00:18:51You can go and say
00:18:53You can relinquish
00:18:55And in offensive cases
00:18:57For a theme in the goods
00:18:59Relinquishment is not possible
00:19:01You can go to jail
00:19:03Right
00:19:05So it's a good thing
00:19:07If you don't have to come
00:19:09If you don't have to come
00:19:11Relinquishment is not possible
00:19:13In case of offence
00:19:15Cases for relinquishing
00:19:17Of the title and duty not required
00:19:19If you don't have to relinquish
00:19:21If you don't have to come
00:19:23If you don't have to come
00:19:25The goods may not be
00:19:27According to the specification
00:19:29And the goods damage
00:19:31A debtorary rate
00:19:33During the YH
00:19:35Not useful anymore
00:19:37There may be breach of contract
00:19:39And importer is unwilling to take delivery
00:19:41Contract
00:19:43Seller is supposed to work
00:19:45If you don't have to come
00:19:47If you don't have to come
00:19:49In this situation
00:19:51Usually we can relinquish
00:19:53Section 23
00:19:55Default is destruction
00:19:5723 class 2
00:19:59Relinquishment of the title
00:20:01It's not a specification
00:20:03It's not a specification
00:20:05Damage or deteriorate
00:20:07If you don't have to come
00:20:09If you don't have to come
00:20:11If you don't have to come
00:20:13Offensive reason
00:20:15Relinquishment is not possible
00:20:17And this relinquishment is open
00:20:19Before the passing of order for clearances
00:20:21If you don't have to come
00:20:23If you don't have to come
00:20:25If you don't have to come
00:20:27Okay
00:20:29And some goods
00:20:31Public welfare
00:20:33Exemptions
00:20:34This is coming
00:20:35Government's control
00:20:36Is that okay
00:20:37Now let's get back to section 13
00:20:39Note
00:20:40In the note
00:20:41Section 13
00:20:42Note
00:20:43Duty applicable
00:20:45Okay
00:20:46Pilfered after the order
00:20:48For clearances
00:20:49But before actual clearances
00:20:50Are pilfered before unloading
00:20:52Okay
00:20:54Ship
00:20:56Unloaded
00:20:57Unloaded
00:20:58Okay
00:20:59Ship
00:21:02Unloaded
00:21:04Unloaded
00:21:05That's right
00:21:06You have to come
00:21:08Duty
00:21:09You have to come
00:21:10Couple
00:21:11You have to come
00:21:12You have to come
00:21:14Fork
00:21:15Customs
00:21:16Control
00:21:17Pilfered
00:21:18You have to come
00:21:19Unloaded
00:21:20Pilfered after the order
00:21:21For clearances
00:21:22But before actual clearances
00:21:24Order
00:21:25You have to come
00:21:26Clearances
00:21:27Negative
00:21:28In the scenario
00:21:29In the scenario
00:21:30You can claim the refund
00:21:31It can be assumed
00:21:32Refund can be claimed
00:21:33Section 13
00:21:34Does not deal with the loss or destruction of goods
00:21:35Section 13
00:21:36Section 13
00:21:37Section 13
00:21:38Does not deal with the loss or destruction of goods
00:21:39Section 13
00:21:40Section 13
00:21:41It can be assumed
00:21:42It can be assumed
00:21:43It can be assumed
00:21:44Refund can be claimed
00:21:45Section 13
00:21:46Does not deal with the loss or destruction of goods
00:21:47Section 13
00:21:48Mixed
00:21:49Section Um
00:21:50Section 3
00:21:51So loss or destruction of goods
00:21:52Arun the 23
00:21:53Deal
00:21:54Section 23
00:21:55Remission of duty
00:21:56Does not apply for
00:21:57Pre Zuger
00:21:58Section 23
00:21:59Section 23
00:22:00Is not quite
00:22:12Section 13
00:22:13The 13
00:22:14Now, in 23rd, we have destruction for them or deterioration or damaged goods.
00:22:29We don't say anything.
00:22:31100 goods are damaged.
00:22:36100 goods are damaged.
00:22:45So, that is coming under section 22.
00:22:48How much abatement of duty will be available or given?
00:22:57Is that okay?
00:23:00Now,
00:23:05XL Limited imported goods from USA for Rs. 50,000.
00:23:10After damage these goods valued by Customs Officer is 10,000.
00:23:16If you import the damage for the value of Rs. 50,000,
00:23:22Customs duty is Rs. 600,000.
00:23:25If you import the 95,000,
00:23:30if you do that,
00:23:31In the last moment,
00:23:32you need the duty of Rs. 60,180.
00:23:35If you need the duty for the value of Rs. 60,000,
00:23:37So, if you need the change of these goods,
00:23:39If you need the duty for the value of Rs. 60,000,
00:23:41Allah has added to you.
00:23:43Last.
00:23:45It's about the aim of the D.
00:23:50You'll ask some questions later.
00:24:05Abatement is about the 40,000 divided by 50.
00:24:08Abatement is 40,000 divided by 50. What is the Abatement?
00:24:14How do you say this value?
00:24:181,236.
00:24:211,236 is net of the value.
00:24:26How do you say this value?
00:24:294,944.
00:24:33How do you say this value?
00:24:36Section 22.
00:24:38Now we have to pay cash or handle.
00:24:43Duty chargeable.
00:24:45After Abatement, duty on goods before damage is 6,180.
00:24:51Value of damaged goods is 40,000.
00:24:57Value of goods before damage is 50,000.
00:25:01Duty on goods before damage is 6,180.
00:25:05Value coating is 4944.
00:25:10Which is the Abatement you are climbing.
00:25:12In the duty cut, Abatement is 1236.
00:25:18That's the formula.
00:25:19How do you say this formula?
00:25:20How do you say this formula?
00:25:21How do you say this formula?
00:25:22How do you say this formula?
00:25:23How do you say this formula?
00:25:24How do you say this value?
00:25:25Point number 1.
00:25:26Here are the points.
00:25:27Section 22.
00:25:28Imported goods had been damaged or deteriorated at the time before or direct unloading.
00:25:37Point number 1.
00:25:38Point number 2.
00:25:39Imported goods had been damaged or deteriorated at any time after unloading of goods in India but before their examination for the assessment.
00:25:50So, that's the problem.
00:25:51So, that's the problem.
00:25:52That's the problem.
00:25:53And not due to any willful act.
00:25:55Willful act is also there.
00:25:56That's the problem.
00:25:57That's the problem.
00:25:58If you say this, it's prohibition.
00:25:59It's prohibition.
00:26:00But if you say this, it's the third one.
00:26:02That's the third one.
00:26:03It's the third one.
00:26:04Okay.
00:26:05Any warehoused goods had been damaged on account of any extent at any time before clearance of home consumption provide such damages not to any willful act.
00:26:22That's the warehoused goods could damage achieved.
00:26:25That's the problem.
00:26:26In the 3 situation, you can climb.
00:26:29That's the problem.
00:26:31So, these are the points you have to keep in your mind.
00:26:54Come on.
00:26:55Exeme procedures.
00:27:00Export import procedure.
00:27:01I will first name import procedure.
00:27:02Import procedure.
00:27:03Okay.
00:27:16Step number one here, procedure for import player.
00:27:40Goods should arrive at customs port or airport only.
00:27:45Goods should arrive at customs port or airport.
00:27:56Person in charge of the conveyances and the ship or flight or whatever it may be,
00:28:10who is in charge?
00:28:11So, who is in charge?
00:28:12Who is in charge?
00:28:13Who is in charge?
00:28:14Ship are the captains, pilot, train and guard, pilot.
00:28:21So, who is in charge?
00:28:22Should submit import general manifest or import report?
00:28:28Import general manifest or import report?
00:28:29That is why we are looking for import general manifest.
00:28:31Import general manifest or simply import report.
00:28:35Okay.
00:28:36This is a person in charge.
00:28:37This is a person in charge.
00:28:38This is a person in charge.
00:28:39If there is any weapons inside, how can we allow?
00:28:40If there is weapons inside, how can we allow?
00:28:41If there is weapons inside, how can we allow?
00:28:42If there is weapons inside, how can we allow?
00:28:43If there is weapons inside, how can we allow?
00:28:44If there is weapons inside, how can we allow?
00:28:45If there is weapons inside, we are not even going to use weapons.
00:28:46I realize that if there is weapons inside, it is not fair.
00:28:48If there are weapons inside, how can we allow?
00:28:51Goods are dangerous goods or prohibited goods
00:28:58India's security danger, verify
00:29:03Last class, if there is any weapons inside
00:29:07How can we allow?
00:29:09Weapons are not there
00:29:10Weapons are not there
00:29:11Weapons are not there
00:29:12Weapons are not there
00:29:13Weapons are not there
00:29:14Clearer disclose
00:29:15Permissions are not there
00:29:16You are not there
00:29:18This is the force of the ship
00:29:19The ship's that you need goods
00:29:22Disclosed to any one
00:29:24Are supposed to be in charge
00:29:25Ship for the ships
00:29:27With the ships
00:29:28With a good goods
00:29:30With a good goods
00:29:31With that
00:29:32In India
00:29:33In ported to be in price
00:29:37In 10.000цен
00:29:40In India
00:29:42In import vows
00:29:43In India
00:29:44In import
00:29:46What is the importance of import?
00:29:51What is the importance of import?
00:30:00That is called Bill of Entry.
00:30:05So, import general benefits, goods can be unloaded.
00:30:13India will come to entry and invert.
00:30:16Customs authorities will give the entry and invert.
00:30:19Okay, verify India will come to the market.
00:30:22India will come to the market.
00:30:25Indian Customs Water will come to the market.
00:30:29India will come to the market.
00:30:34So, there is no other way to India.
00:30:36In India I am the intended country will come to the market.
00:30:40The country is in the market.
00:30:43I wonder, transit goods, import goods.
00:30:45In the previous class.
00:30:49The logic.
00:30:51The goods also are in the market.
00:30:52That is, the ship.
00:30:54The ship is changed.
00:30:55Transit is in the market,
00:30:57India will be in the country to the market.
00:30:59You will come to the market.
00:31:01In this port, it's called Import Goods, so we can see who import goods and who import goods are?
00:31:07Imported Subjects Bill of Entry
00:31:10Giving the details of goods to be cleared from customs
00:31:14If we are looking at the details, they will get the details
00:31:18Except the goods intended for transit and transshipment
00:31:22Transit and transshipment will be bill of entry
00:31:25In the ship, you have 100 items and then import goods
00:31:33If you are looking at the bill of entry, you will get the bill of entry
00:31:37Okay, there is a number of transshipment
00:31:41Transshipment is a couple of things that you can understand
00:31:45A couple of things that you can understand
00:31:47A couple of things that you can understand
00:31:49Foreign or other ports will be imported
00:31:52If you are importing from the port, there will be a bill of entry
00:31:56And this balance is related to that
00:32:00The other country will go to the other country
00:32:06So if you have a bill of entry, who import from India
00:32:08Who import from India is to this particular port
00:32:12This is the logic
00:32:14Right
00:32:16Right. Bill of entry can be for. The bill of entry submit
00:32:26What is the bill of entry?
00:32:28What is the bill of entry?
00:32:30White color
00:32:32What is the bill of entry?
00:32:34White color
00:32:36And yellow color
00:32:40Yellow color
00:32:42And green color
00:32:46Three of them are bill of entry
00:32:48Okay
00:32:50White color
00:32:52What is the bill of entry?
00:32:54What is the bill of entry?
00:32:56White color
00:32:58Okay
00:33:00So
00:33:02Indian port
00:33:04Here
00:33:06Here
00:33:08Here
00:33:10There
00:33:12White color
00:33:14The
00:33:36Green forest
00:33:38That's the logic
00:33:40by the way
00:33:53Now, let's see here.
00:34:12Bill of entry can be for home consumption, that is clearances after payment of duty.
00:34:17Duty cutting, what are you going to do?
00:34:24Or, for varowsing, varowsing, no sir, varowsing, into bond bill of entry, into bond, into bond bill of entry into bond bill of entry into bond bill of entry into bond bill of entry that will be named as into bond bill of entry.
00:34:41That is why into bond bill of entry into bond bill of entry into bond.
00:34:48It is into bond as a matter of bond.
00:34:51Bond as a matter of bond agent.
00:34:54Now, goods are here, pork on the court.
00:35:01If you are going to get your duty, it will take your duty.
00:35:05Responsibility, it will take your duty.
00:35:09If you put it in the warehouse,
00:35:12who is responsible for paying the duty?
00:35:17Then the importer is in the warehouse in charge.
00:35:21Let's look at that.
00:35:22Once the goods are kept in the warehouse,
00:35:25the responsibility of paying the duty is in the hands of the warehouse in charge.
00:35:30What do you say?
00:35:31If you put a warehouse in charge,
00:35:33I am the importer.
00:35:34Sir, customs clearance is late,
00:35:37youanna understand where monsterkers are so sick going.
00:35:40Turn you 당신 in charge.
00:35:41Sir, just hurry down.
00:35:44Are you damage?
00:35:47Okay.
00:35:48What do you just need to carry you away in charge?
00:35:50A 동안 where youeko kel tree requiring to say that.
00:35:53Damaeисс should never tell me or not we are making a deal.
00:35:57That will not to be moreلا.
00:35:58Customs law enforcement calls,
00:36:01ノリ caveat.
00:36:02You won't pay for any pay.
00:36:04No possession but you won't pay.
00:36:06Open money when you are a guru and you are a guru.
00:36:09If you say, Guru is Hindi.
00:36:14If you say, Guru is a guru.
00:36:16Anybody?
00:36:17Anybody?
00:36:19Guru is a guru.
00:36:20Guru is a guru.
00:36:21If you are a guru.
00:36:23Okay.
00:36:24I have heard about that.
00:36:26Actually, it is a fictional story.
00:36:28But it is a real story.
00:36:29Whatever it may be later.
00:36:30You can think over it.
00:36:31Okay.
00:36:32Arasil plan.
00:36:33Right.
00:36:35Now, after you have done the import of duty,
00:36:39why you have done the due to credit for the credit.
00:36:41You will get to the credit for the credit.
00:36:44But you have done the benefit for the credit for the credit.
00:36:47I have done the money for the credit for credit.
00:36:49OK.
00:36:51I did not buy a credit card.
00:36:54I was did not buy one of the credit cards.
00:36:56If you do not buy a credit card,
00:36:58it will pay to the credit card.
00:37:00Not related to the credit cards.
00:37:02Okay.
00:37:03not really somebody ok
00:37:05that's how I told you
00:37:07If you go to a farm
00:37:09if you go to a farm
00:37:11if you go to a farm
00:37:13if you get a farm
00:37:15or a farm
00:37:17a farm
00:37:19if you go to a farm
00:37:21it's a farm
00:37:23that's the farm
00:37:25if you get a farm
00:37:27it's a farm
00:37:29but if you buy it
00:37:31It's all popular.
00:37:32Let's have it.
00:37:33We don't have that.
00:37:34We don't have that.
00:37:35All the other people canсте
00:37:40the tax government and the government is off.
00:37:44That's fine.
00:37:45So we don't have that.
00:37:47I would like to say..
00:37:49If we should decide.
00:37:50If we decide what we are doing..
00:37:52I would like to say..
00:37:53If we become a part of this..
00:37:55Then we know..
00:37:57If we don't write it out..
00:37:59You should check out the same information.
00:38:01So, you should be aware of this.
00:38:04Vero's charges libel for all.
00:38:06After all, a importer, Vero's goods, duty pay.
00:38:14Duty pay?
00:38:17Duty pay?
00:38:21Duty pay?
00:38:23and then you can verify the goods.
00:38:25I'm going to verify the goods,
00:38:27and then you can verify the goods.
00:38:29The charge is heavy.
00:38:31That's not what we need.
00:38:33But we will see that later.
00:38:35So, that means you can get the goods temporarily.
00:38:37Due to duty paid goods only,
00:38:39can be kept in the warehouse.
00:38:41So, non-duty paid goods only can be kept in the warehouse.
00:38:45Varehouse is non-paid, duty paid.
00:38:47Non-duty paid goods is not available.
00:38:49But if you put the goods in the warehouse,
00:38:55and you can see,
00:38:57I'm going to say whatever you see,
00:38:59I'm going to say that I'm going to say.
00:39:02It's not.
00:39:03If you have to say that,
00:39:04then you find the Однако.
00:39:05I'm going to say it too.
00:39:07He is going to say that,
00:39:09I'm going to say.
00:39:11You are going to tell the truth about what your duties will,
00:39:13so that you billed.
00:39:15And you get the information you have,
00:39:17So, the situation is the case.
00:39:19That's the case.
00:39:21That's the case.
00:39:23Okay.
00:39:25If you put your Hudson's duty paper,
00:39:27you can buy a rent,
00:39:29you can buy a charge.
00:39:31It's the case.
00:39:33How much?
00:39:35I don't know.
00:39:37I don't know.
00:39:39I don't know.
00:39:41If you put an estimated higher value,
00:39:43I don't know.
00:39:45I don't know.
00:39:47I don't know.
00:39:49I don't know.
00:39:51I don't know.
00:39:53Once the goods
00:39:55in the port
00:39:57shifted to warehouse.
00:39:59Automatically, you have to give a bond for that.
00:40:01After the goods went into the bond.
00:40:05Went into the room,
00:40:07went into the bonded warehouse.
00:40:09That is the bonded warehouse.
00:40:11Into bond bill of interest.
00:40:13Into bond bill of interest.
00:40:15Okay.
00:40:17Keeping in warehouse
00:40:19without payment of duty
00:40:21and later, clearing on payment of duty
00:40:23went required.
00:40:25That's when you pay the duty,
00:40:27clear.
00:40:29Yellow color.
00:40:31X bond bill of interest.
00:40:33You can pay the duty.
00:40:35Take your own home.
00:40:37This is one option.
00:40:39This is one option.
00:40:41This is one option.
00:40:43This is one option.
00:40:45If clearance is for warehousing,
00:40:47when the modeling would be
00:40:49one duty pay.
00:40:51You can pay the duty.
00:40:53You can pay the duty.
00:40:55Then what you can do?
00:40:57Pay the duty.
00:40:59Take your own home.
00:41:01This is one option.
00:41:03Out of customs charge.
00:41:05Out of customs charge.
00:41:07This is one option.
00:41:09This is one option.
00:41:11This is one option.
00:41:13If clearance is for warehousing,
00:41:15you can pay the duty pay.
00:41:17You can pay the duty pay.
00:41:19You can pay the duty.
00:41:21You can pay the duty.
00:41:23What is the duty?
00:41:25What is the duty?
00:41:27What is the duty?
00:41:29What is the duty?
00:41:31Out of customs charge.
00:41:33You can pay the duty.
00:41:35That's the customs officer.
00:41:37If you pay the customs officer,
00:41:39you can pay the duty.
00:41:41Who is the duty?
00:41:43The port trust authorities.
00:41:45The port in charge.
00:41:47You can pay the duty.
00:41:49In the first class,
00:41:51you can pay the duty.
00:41:53The port is administered.
00:41:55The import goods
00:41:57is not prohibited
00:41:59or as per the provisions
00:42:01of the customs act.
00:42:03The tax will also be available
00:42:05and collected only by the team.
00:42:07There are two teams.
00:42:09Customs of that,
00:42:11they will be out of customs charge.
00:42:13You can pay the duty.
00:42:15So,
00:42:17let me now,
00:42:19brief one second,
00:42:21what is this?
00:42:23You can easily recollect that.
00:42:25if you are in charge of the port,
00:42:27you are in charge of the port.
00:42:29You can pay the demorage.
00:42:31If you are in charge of the port,
00:42:33you can pay the demorage.
00:42:35If you are in charge of the port,
00:42:37you can take it out.
00:42:39So,
00:42:41let me now,
00:42:42brief one second,
00:42:43what is this?
00:42:45You can easily recollect that.
00:42:47The so-called
00:42:57рист of the port
00:43:11And then you can submit your bill of entry.
00:43:13Imported goods.
00:43:15Transshipment.
00:43:17Bill of entry submit.
00:43:19Bill of entry.
00:43:21Home consumption.
00:43:23Bill of entry.
00:43:25Bill of entry.
00:43:27Bill of entry.
00:43:29Which is called X bond.
00:43:31Submit.
00:43:33Submit.
00:43:35Submit.
00:43:37Submit.
00:43:39Assets.
00:43:41Viewerks.
00:43:43Submit.
00:43:45Submit.
00:43:47Submit.
00:43:49Submit.
00:43:51Submit.
00:43:54Submit.
00:43:55So, we have to verify, good store value, access, tax, etc.
00:44:01You can cut the tax and get it.
00:44:05If you have a pending bond, you can get it.
00:44:09You can get it.
00:44:12You can get it.
00:44:15You can get it.
00:44:17You can get it.
00:44:25You can get it.
00:44:29You can get it.
00:44:33This is what about the simple procedure of import.
00:44:37Is that clear?
00:44:39Come on, make a note of it.
00:44:45Interest and delay in payment of duty.
00:44:50So, if you say the date of payment, 15% rate of duty will be applicable.
00:44:5615% rate of duty will be applicable.
00:45:00If not paid within the same day.
00:45:03Self-assessed bill of entry are there.
00:45:06You can submit payment.
00:45:09If not paid for payment, you can submit your payment.
00:45:11All of the bill of entry in case of re-assessment or provisional assessment.
00:45:17Okay.
00:45:18You can submit.
00:45:20Officers are assessed.
00:45:22All of the tentative assessment.
00:45:25Final assessment.
00:45:26You can submit provisional assessment.
00:45:27Provisional assessment.
00:45:28Provisional assessment.
00:45:29Provisional assessment.
00:45:30So, in three situations, you can submit it.
00:45:32So, arrive at check.
00:45:34Provisional assessment.
00:45:35Temporary.
00:45:36Okay.
00:45:37You can submit your payment.
00:45:38Okay.
00:45:39You can submit your payment.
00:45:40Okay.
00:45:41You can submit your payment.
00:45:42Okay.
00:45:43Based on the number of days delay.
00:45:44You have to pay the interest.
00:45:45Is that okay?
00:45:46Not all of the holidays.
00:45:47You can submit your payment.
00:45:48Day basis.
00:45:49You can submit your interest.
00:45:50Okay.
00:45:51Based on the number of days delay.
00:45:53You have to pay the interest.
00:45:54Is that okay?
00:45:55Not all of the holidays.
00:45:56You can submit your interest.
00:45:57Day basis.
00:45:58You can submit your interest.
00:45:59A bill of entry was presented on 4th August 2019.
00:46:04The vessel carrying goods arrived on 11th August 2019.
00:46:12Entry inward was granted on 13th August.
00:46:24And the bill of entry was assessed on that day.
00:46:27And was also written to the importer for payment of the duty on that day.
00:46:31Entry inward one day clear.
00:46:33Entry inward one day clear.
00:46:35Entry inward one day assessed.
00:46:3713th August.
00:46:3814th August.
00:46:3918th August.
00:46:4018th August.
00:46:4119th August.
00:46:4222th August.
00:46:43Ok.
00:46:44the duty amounting to repay is 5 lakhs
00:46:46but was paid on 22nd August
00:46:49and you get the pay pannay irukkaraan
00:46:5113th ikku marunnaal 14th August
00:46:53payment pannay irukkano
00:46:54ana nenge payment pannadhu
00:46:5722nd August
00:46:59ok
00:47:01ap ethanal
00:47:0314, 15, 16, 17
00:47:0518, 19, 20, 21
00:47:0722
00:47:08we have around
00:47:10you have to include that 14th date also
00:47:1314th landhu 22nd varikkim pannay irukkana
00:47:159 days vana
00:47:18ok
00:47:1914, 15, 16, 17, 18
00:47:2219, 20, 21, 22
00:47:249 days varudhu
00:47:24ok
00:47:27calculate the amount of interest payable
00:47:31under section 14
00:47:3247 class 2 of the customs act
00:47:351962 given that
00:47:36there were 4 holidays during the period
00:47:39from this date to this date
00:47:41you need duty cut in the date
00:47:43there are 4-4 government holidays
00:47:44you need to subtract 5 days
00:47:46you need to interest 5 days
00:47:47you need to interest 5 days
00:47:48ok
00:47:49ok
00:47:50ok
00:47:51ok
00:47:52ok
00:47:53ok
00:47:55ok
00:47:55ok
00:47:56ok
00:47:58ok
00:47:59ok
00:48:00ok
00:48:01ok
00:48:02ok
00:48:04ok
00:48:06ok
00:48:07ok
00:48:11ok
00:48:12probably self-assessed
00:48:1610 days
00:48:20so that difference
00:48:22subtract
00:48:24so 5 lakhs into
00:48:2615 percentage into
00:48:29for how many days
00:48:306 days 6 by 365
00:48:32so the value being
00:48:351233 am I right
00:48:37come on verify
00:48:37DINAM NETLO 365
00:48:46check pannik me
00:48:48ok
00:48:54now
00:49:00we will see other provisions here
00:49:03commissioner of custom
00:49:06STG Overseas India Limited
00:49:08UKKUM NARANDA
00:49:09Judgement
00:49:10Case DRA PURUKKAPATU
00:49:11Judgement
00:49:12ithila enna dispute
00:49:14kaha mele poach
00:49:14chanak
00:49:15can the time limit prescribed
00:49:17under section 48
00:49:18for clearances of goods
00:49:19within 30 days
00:49:22be read as time limit
00:49:24for filing of bill of entry
00:49:25under section 46
00:49:26of the customs act
00:49:27ok
00:49:28time limit prescribed
00:49:38under section 48
00:49:39clearances of goods
00:49:42within 30 days
00:49:43after you guys
00:49:44good say
00:49:45304
00:49:45clearances
00:49:46correct
00:49:47clearances
00:49:48you go to the court
00:49:49and before you go to the court
00:49:49clearances
00:49:51so
00:49:52you go to the court
00:49:5330 days
00:49:54and you go to the court
00:49:55and you go to the court
00:49:56now
00:49:57filing of return
00:49:58bill of entry
00:50:00file
00:50:01filing of bill of entry
00:50:0330 days
00:50:05I'm aware of the court
00:50:0630 days
00:50:07I'm aware of the court
00:50:0830 days
00:50:10You get the port-demerage, you are on a page of your own page.
00:50:16If you get the port-demerage, you can get the port-demerage, and you can get the port-demerage.
00:50:26If you get the customs clearance, you can wait for your own.
00:50:30So, if you use that as 30 days, you can do it.
00:50:38The people who are living in a house is 34-30 days.
00:50:42Ok.
00:50:44If you are living in a house, you can submit your work.
00:50:50Customs clearance, and you can stay.
00:50:52When you have to study the same time.
00:50:55Every time you have to submit your work, you will have to go.
00:50:58Don't do it.
00:50:59Don't do it.
00:51:00Don't do it.
00:51:01Don't do it.
00:51:02Don't do it.
00:51:03Don't do it.
00:51:04with all applicable duties
00:51:06what do you say
00:51:08what do you say
00:51:10what do you say
00:51:12section 46
00:51:14could not be read with section 48
00:51:16but late charges
00:51:18applicable in section 46
00:51:20section 48
00:51:2246
00:51:24link
00:51:26section 48
00:51:28use
00:51:30section 48
00:51:32filing of bill of entry
00:51:3430 days
00:51:36time
00:51:38bill of entry
00:51:4030 days
00:51:42time
00:51:44exceptional cases
00:51:46you can do
00:51:48ready link
00:51:50regiment
00:51:52section 46
00:51:54time limit for filing bill of entry
00:51:56by an importer upon arrival of puts
00:51:58okay
00:52:00before the end of next day
00:52:02or the following day
00:52:04excluding
00:52:06holiday on arrival
00:52:08okay
00:52:10but can be submitted at the time not exceeding 30 days prior to the date of arrival
00:52:16okay
00:52:18okay
00:52:22okay
00:52:24okay
00:52:26okay
00:52:28okay
00:52:38okay
00:52:40okay
00:52:42okay
00:52:44okay
00:52:46okay
00:52:48delay this
00:52:50delay this one
00:52:52okay
00:52:54okay
00:53:06okay
00:53:08okay
00:53:10okay
00:53:12okay
00:53:14okay
00:53:16okay
00:53:20okay
00:53:24okay
00:53:26okay
00:53:28okay
00:53:30okay
00:53:32Sir, when I applied for 34 months, I had a cyclone form, some hiccups in the ship, resort.
00:53:44Then it was late, Sir, I went to 34 months.
00:53:48The bill of supply entry, what you have supplied or what you have submitted already gets cancelled.
00:53:55Then you have to apply fresh again based on the another 30 days.
00:54:00If you have to start the repair, you will have to apply fresh again.
00:54:07If the bill of entry is not submitted within the due date, the charges for late fee will be applicable.
00:54:13See, section 46, where do you meet?
00:54:17The bill of entry is submitted by the bill of entry.
00:54:20The bill of entry is not submitted within the due date, the charges for late fee will be applicable.
00:54:25But the bill of entry is not submitted for the bill of entry.
00:54:28The bill of entry is not submitted for the bill of entry.
00:54:30The charges will be available.
00:54:32Okay.
00:54:33But the bill of entry is not submitted for the bill of entry.
00:54:35Okay.
00:54:36Time limit 48th and so on, the clearance is in the.
00:54:3934th and so on, grace days are not submitted.
00:54:41That's the bill of entry.
00:54:42That's the bill of entry.
00:54:43That's the bill of entry.
00:54:44That's the bill of entry.
00:54:45That bill of entry is not submitted in the bill.
00:54:46Okay.
00:54:47Now, section 48.
00:55:08authorities have the power to sell the goods if imported goods not cleared within 30 days.
00:55:19That is section 48.
00:55:21That is section 48 and 46.
00:55:24Sir, in our country, we have to have bill of entry.
00:55:27In our country, we have to have bill of entry.
00:55:29In our country, we have to have previous case.
00:55:34Section 2, class 43.
00:55:38Various is for depositing the dutyable goods.
00:55:47Dutable goods is for import.
00:55:49If you understand the duty, this will be a part of where you can come to the government.
00:55:59Duty pay the price by the company.
00:56:00Ok.
00:56:01That would be the direct price of the warehouse.
00:56:04That's why we need to keep non-duty-paid yet-dutyable goods.
00:56:34Duty pay-percent, payment-percent, and payment-percent.
00:56:36Once duty pay-percent, it will clear.
00:56:40This warehouse is a public warehouse, private warehouse, and special warehouse.
00:56:48Public warehouse is a public warehouse.
00:56:50Who needs to be a government-to-date controller?
00:56:52Licensed by Principal Commissioner or Chief Commissioner.
00:56:56Principal Commissioner or Chief Commissioner.
00:56:58That's why authorization and license is a good job.
00:57:00Duty-able goods, duty cut-up.
00:57:02Duty cut-up.
00:57:04You can preserve it.
00:57:06Duty cut-up importance.
00:57:08Responsibility.
00:57:10Private.
00:57:12Private.
00:57:14Special warehouses.
00:57:16Goods deposited and locked with the proper officer.
00:57:24And removable with the permission of the proper officer.
00:57:28Goods is specified in notification can be deposited.
00:57:30Goods are specified in notification can be deposited.
00:57:32Goods are specified in notification can be deposited.
00:57:34Goods are specified in notification can be deposited.
00:57:36Goods are specified in notification can be deposited.
00:57:38Goods are specified to be deposited.
00:57:40Goods are specified to be deposited.
00:57:42It is specified to be deposited.
00:57:44Goods are specified to be deposited.
00:57:46Whatever copies of the proper officer is determined.
00:57:48Because it is not prepared for properties.
00:57:49It is specified in notification.
00:57:50Goods are specified in notification can be deposited.
00:57:52Yes?
00:57:53Can you adopt a goods?
00:57:54Hashimoto's are specified in notification can be deposited.
00:57:55Goods are specified to be deposited.
00:57:56Class of goods specified to be deposited, it is special warehouse, section 58, special warehouse, gold, silver, other precious materials, semi-precious materials and article thereof, that is all you have to do.
00:58:15And goods were housed for the purpose of supply to duty-free shops in customs area, supply as a store to vessels and aircraft, supply to foreign privileged persons, okay, they can purchase at duty-free, this is why in the goods are stored.
00:58:32If you want to buy a car, you can buy a car or a car, there's a store to sell.
00:58:53airport in the airport
00:58:55duty free shops
00:58:57go get a coffee
00:58:59duty
00:59:01that's the case we have
00:59:05duty free shops
00:59:07duty free shops is different
00:59:09duty is not applicable
00:59:11for trading within the customs area
00:59:13and some stores
00:59:15stores in America
00:59:17the fuel oil
00:59:19or any other that's consumable
00:59:21for the ships for cleaning
00:59:23and running purpose
00:59:25that's the duty
00:59:27and foreign privileged persons
00:59:29duty is not available
00:59:31so
00:59:3357-58
00:59:35could the license
00:59:37cancel on violation
00:59:39if licensee
00:59:41contravents the provisions of this act
00:59:43or breaches the conditions
00:59:45that's the conditions
00:59:47principle commissioner
00:59:49chief commissioner may take action
00:59:51against license
00:59:53by suspending operations
00:59:55three suspension
00:59:57after suspension of license
00:59:59no further goods is allowed
01:00:01to be kept in the warehouse
01:00:03so
01:00:05this is what about the cancellation
01:00:07so
01:00:09warehouse
01:00:11public
01:00:13private
01:00:15special warehouse
01:00:17in the license
01:00:19in the license
01:00:21if they contravent the conditions
01:00:23right
01:00:25if I am importing
01:00:27what is the advantage
01:00:29of keeping the warehouse
01:00:31so in the questions
01:00:33very often you can expect
01:00:35warehouse advantage
01:00:37right
01:00:39can defer
01:00:41defer the payment of import duties
01:00:43duty
01:00:45cut
01:00:47late
01:00:49warehouse
01:00:51warehouse
01:00:53warehouse
01:00:55warehouse
01:00:57clear
01:00:59warehouse
01:01:01and
01:01:03warehouse
01:01:05so
01:01:07interest will be available
01:01:09second
01:01:11manufacturing in bonded warehouse
01:01:13and then
01:01:15re-exporting from it is also possible
01:01:17okay
01:01:19for example
01:01:21we have to take place
01:01:25here
01:01:27there is a warehouse
01:01:29here
01:01:31there is
01:01:33ware
01:01:35there is a warehouse
01:01:37there is a warehouse
01:01:39so
01:01:40I got a purse on this line.
01:01:42I got a purse on my phone.
01:01:43I got my purse on this line.
01:01:45Gregory, I got a purse on this line.
01:01:49So that's a template.
01:01:51If I had a purse on this, the way I cost you a purse on this line.
01:01:56I got a purse on that line.
01:02:01I got a purse on this line.
01:02:04But from my desk, I'm going to buy a purse on this line.
01:02:08That's all.
01:02:09Sir, what are you asking?
01:02:10You need to cut charges in here,
01:02:13and you need to cut charges in here.
01:02:16That's why you pay duty.
01:02:18But if you have interest in 3 months,
01:02:22that's why you have to export duty.
01:02:26What do you do?
01:02:27Interest is cut, sir.
01:02:28You have to ask,
01:02:303 months, 4 months, 1 months, 1 months, 1 months, 1 months.
01:02:34You have to export it.
01:02:35You have to export it.
01:02:37That facility is also there in the case of warehousing.
01:02:41Manufacturing in-bonded warehousing and then re-exporting from it is also allowed.
01:02:47To keep the goods up to 1 year.
01:02:501 year, you have to pay without payment of duty.
01:02:53Deposit of money, you have to pay for 3 months,
01:02:57but you have to interest in 3 months.
01:03:00And,
01:03:02Export-Oriented Unit.
01:03:04You have to pay for 3 years.
01:03:06You have to pay for 3 years.
01:03:08You have to pay for capital goods.
01:03:10You have to pay for 5 years.
01:03:12You have to pay for warehousing without paying the duty.
01:03:15Now,
01:03:16in order to buy a Pодноvers,
01:03:18if you long or loaded to the purchase,
01:03:19It is also allowed to pay for support.
01:03:20You have to pay for demerages and you have to pay for interests.
01:03:22You have to pay for Alumarie as well.
01:03:24You can reduce the demerage or escape the demerage.
01:03:26And approximately $6.
01:03:29are competent to appoint warehouses
01:03:32assistant commissioner
01:03:36can appoint
01:03:38these are the places
01:03:39these public bonded warehouses
01:03:44can be acted
01:03:45these warehouses can be acted as a public warehouses
01:03:48permission
01:03:48and
01:03:51private warehouses
01:03:54and
01:03:56can cancel by giving one month notice
01:04:00this is private warehouses
01:04:02this is what you can do
01:04:04only dutyable goods can be deposited in the warehouses
01:04:07what you can do is dutyable goods
01:04:09still duty is liable to pay
01:04:11you can pay for it
01:04:119. Submit green bill of entry
01:04:15you can do green bill of effect
01:04:16there is a phone consumption
01:04:20you can do green bill of entry
01:04:2110th point
01:04:22rate of duty is applicable as on the date of
01:04:25presentation of bill of entry
01:04:28that is what sub bill of entry
01:04:29I want to say
01:04:30that is both point bill of entry
01:04:31that is the название
01:04:31that is the sign of bill of entry
01:04:32we can do green color
01:04:33ik have a concise complete
01:04:52civics foreign exchange conversion rate convert
01:04:55and date
01:04:56BCD
01:04:58we are talking about
01:04:59this is general
01:05:00but
01:05:01below of entry
01:05:04below of entry
01:05:04below of entry
01:05:06civic conversion rate
01:05:08and
01:05:10BCD
01:05:11what date
01:05:12below of entry
01:05:13below of entry
01:05:18below of entry
01:05:21on the date
01:05:22below
01:05:22rate
01:05:23is that okay
01:05:24suppose
01:05:27whether
01:05:29you have
01:05:30below of entry
01:05:31yes
01:05:33you may know
01:05:34basic
01:05:39below of entry
01:05:40below
01:05:42below of entry
01:05:50So, if you take it out within 90 days, no problem, the tax rate appears in the same way.
01:06:20If you are crossing the 90, we assume that un-90 at the date you have withdrawn or you have removed improperly and the date will be taken in 90 days.
01:06:35Right.
01:06:37And re-assessment is not allowed.
01:06:40Assessment is not allowed.
01:06:41Assessment is not allowed.
01:06:42Assessment is not allowed.
01:06:43Assessment is not allowed.
01:06:44Assessment is not allowed.
01:06:45Assessment is not allowed.
01:06:46Assessment is not allowed.
01:06:47Assessment is allowed.
01:06:48Assessment is allowed.
01:06:49Assessment is allowed.
01:06:50and the rate is 1 lakh into 75 lakhs
01:06:53finalize
01:06:55assessment confirmed
01:06:57that is the factory
01:07:00and the rate is not
01:07:02tax rate
01:07:05but the conversion rate is not
01:07:06what is the assessment
01:07:08that value is finished
01:07:11only the tax rate is determined
01:07:14at the time of x bond of bill of entry
01:07:17okay clear
01:07:19so that all
01:07:21rate coming out in
01:07:22surely you reassess
01:07:23re-assessment is not possible
01:07:2512
01:07:26the exchange rate is the rate against the bill of entry submitted
01:07:29bill of entry nx submit
01:07:31the rate will be the rate
01:07:33ok
01:07:34tenth point and twelfth point same
01:07:36so you can cancel one of the points
01:07:39right
01:07:41now
01:07:4413th
01:07:47if the goods are removed after the due date
01:07:51then subsequent removal is called improper removal
01:07:5394
01:07:5594
01:07:5690
01:07:57remove
01:07:5995
01:08:00remove
01:08:01okay
01:08:02then the rate of bcd which is applicable as on the date of last date on which the date should have been removed
01:08:07or remove
01:08:08you keep remove
01:08:09removed
01:08:10remove
01:08:11remove
01:08:26but not actual date of removal will be taken
01:08:29One word questions, what is a period allowable to keep within the warehouse for the EOU unit, 3 years or 5 years.
01:08:41You expect one word questions, come on, make note of it.
01:08:54Section 59, it has one word questions.
01:08:57In the bond amount, should be twice of the duty amount and security should also be given.
01:09:02Okay.
01:09:03While you keep that goods in the warehouse.
01:09:12Section 61, period for which goods may be, may remain in warehouse.
01:09:18In the case of EOU, EHTP, STP,
01:09:24clearances were given if it is being the capital goods.
01:09:28Now, 5 years since we know, that 5 years can be extended up to clearances also as per section 61.
01:09:36Other than the capital goods also can be kept up to the clearances for the EOU, EHTP and STP.
01:09:41Okay.
01:09:42Okay.
01:09:43Other cases are in the case of EOU.
01:09:45Other cases are in the case of EOU.
01:09:47So, there is a capital goods on the 3-year.
01:09:48Other goods on the 5-year.
01:09:49Other goods on the 3-year.
01:09:50But by getting the permission, they can extend up to unlimited time.
01:09:543 years, but by getting the permission they can extend up to unlimited time, if default
01:10:02on the 5 and 3, then they can extend any number of years also.
01:10:06Further, the principal commissioner or commissioner of custom may extend the period by another
01:10:12one year, provided and the goods on the deteriorate agaram arendhal extend panna mahtangilana
01:10:19usually 90 days in the time, 90 days in the time, 15 percentage interest will be applicable
01:10:24and a government for the public interest, this interest may be viled, so 90 days in the
01:10:31default.
01:10:32So, it was the EOU unit, the general unit, is that okay?
01:10:37And Varos, rent charges climbable by the owner of the Varos, rent, customs in charge irukkara
01:10:46arendhal responsible for payment of the duty, arendhal responsible for payment of the duty,
01:10:53so rent on the 8th gradda Varos in charge at the time, Varos in charge at the time, and the
01:10:57rent.
01:10:58Duty on the customs arendhaled.
01:10:59And owners arendhal right, Varos in charge, goods arendhaled, inspection panna laam and the goods
01:11:04tharam varya pyritschikalaam, even container laam pack panna vitschikalaam, laws aham irukkarddhukku,
01:11:15buyer vandha ang na, and the goods, Varos la kundilphe kami kalaam, and the goods thang
01:11:20vikkya ponna vennna, vahayi ngayi ngayi ngayi ngayi.
01:11:21So, the owner has so many rights.
01:11:22In the case of EOU, they will do the manufacturing process within the factory itself, within the
01:11:33Varos itself.
01:11:34That operation is also available.
01:11:38No merchant overtime charges as the physical control abolished.
01:11:42In the current one, no merchant overtime charges is applicable.
01:11:47So, my physical control is now.
01:11:49Physical control is now.
01:11:50Physical control is now.
01:11:51You can remove goods or export.
01:11:57You can remove the customs officers.
01:12:01You can remove goods.
01:12:03You can remove goods.
01:12:05Violate.
01:12:06So, you have to verify that they're stuffing it in the container.
01:12:10Offices are there, if you are working for custom officers officers, request to inspect.
01:12:16So, when you inspect it, you have to call them.
01:12:19If you ask them, you have to call them.
01:12:21That is called Merchant overtime charges.
01:12:23We have to upload online charges, if you are checking to check your test.
01:12:30in the merchant, over time, the charges are applicable to you.
01:12:37Section 65, what are you saying? Manufacture and other operations in relation to the goods in Varos.
01:12:43Varos, manufacture and other operations in relation to the goods in Varos.
01:12:46Applicable for EOU, EHTP units.
01:12:50Okay, and they need to get the license also under Section 58.
01:12:55And Section 65 and others, this is all, you need to process, you need to process, you need to process, you need to process, you need to process, you need to process, you need to process.
01:13:05Now, Section 73A, Custody and Removal of Varos to Goods.
01:13:13Varos to Goods is what is?
01:13:16Custody of Varos to Goods to License until clearance.
01:13:20What?
01:13:21The licensee.
01:13:22Where is Varos in charge?
01:13:24Varos.
01:13:25Varos in charge.
01:13:26Varos, you are licensed to keep your license here.
01:13:29License is a licensed official, a licensed attorney or a licensed attorney.
01:13:32You are licensed to pray with that license.
01:13:35If you are licensed by Pharaoh, you are licensed by Varos.
01:13:39You are the exemple of Varos in charge.
01:13:41Varos are notooooo goods.
01:13:43You are used to be the worst.
01:13:45is in the warehouse in charge hands. Licensee is responsible for goods warehouse, our responsible.
01:13:51That is why he is liable for the duty, interest, fining, penalty, whatever it may be, he is
01:13:56liable. Okay. If removal is contravention of section 71, 71 will say that you remove
01:14:02if we remove it, we will do it. That is why we will do it.
01:14:09Section 73 class A. Section 49, warehousing without warehousing. Okay.
01:14:17Warehousing without warehousing, warehousing in public warehousing, without executing bond.
01:14:24Now both, if you will leave the harbor, gonna check the bag with the
01:14:51bond illithi kududunaan. Yevulah duty inna innu kandu bheekal liye. Okay.
01:14:56Yeerukne chow nammar yiruk polo pođiyya. Harlicks a nthirila pichu naga ebbi value pođna
01:14:59pođiyyyo. So, adhu chemical test ikku pay irukk. It should come. Only then I can confirm
01:15:04the value. Adhu basement in the tax paper nalaam. It chow null. Commissioner of customs
01:15:08vandhu. Nuppadu nal verikkim, niiang bond illithi kudukam le varouse vetchikkalaam.
01:15:13Permission kudukkalaam. And it can be extended by another 30 days. It is the varousing
01:15:18without varousing. Varousing, without varousing. Bond illithi kudukkalaam.
01:15:21Varoused goods removal. Ippa varoused pundam poodhu, varoused la enna na provisions api karala
01:15:30paathikaam. Ippa varoused pundna gudsan avadhu nal remove pundam aliyya. Appa remove pundam poodhu
01:15:35enna maindla chikkoon dhidhu. What are the procedures you have to follow. Owner of the varoused
01:15:40goods make a request for removal. Avarundhu request na aririthi kukpoor as arun shulnno. Transport of goods
01:15:47on removal of goods from varouse. Adilandhu remove pundam poodhu. Enna enna pundam poodhu. Custom station
01:15:54of import to varouse. One varouse to another varouse. Varouse to custom station for export.
01:16:01inundhe allah vialekil lehim pundam poodhu. Ok. Appi pundam poodhu. Enna pundam poodhu. So, India
01:16:08ith chennai pundam poodhu. Ith varouse. Ith main importer or exporter whatever it may be.
01:16:15ith main importer or exporter whatever it may be. Inge erundhu inge vendhu cci. Ith
01:16:22waru varouse ith waru varouse. Ehereknne chunnne varouse would a license cancel agalam chunnne. Appi
01:16:27cancel etchunna niyai varouse to varouse change pundam aliyya. So, inge erundhu inge vendhu cci.
01:16:33yedah althu customs port pundam thundhu varouse vandhu cci. Varouse to varouse pundam poodhu. Ademari export pundam poodhu. Inge erundhu varouse
01:16:41gani pundam poodhu. Inge erundhu thiramoom port to gani pphe. Inge erundhu ship mulamma export pundam
01:16:45eherklaam. Varalaam. Pohalaam. Yippa idu oru situation. Idu oru situation. Idu oru situation. From custom station
01:16:53of import to varouse. Adha althu number one situation. One varouse to another varouse. Number two situation. From the varouse to custom
01:17:01station for export. Varouse to another custom site export pundam poodhu. Idu oru situation. In the
01:17:05maray transport of goods also be possible while it is varouse to goods. Appi
01:17:11pundam poodhu. Nienge container la stuff pundi anu poodhu. Nienge vee tukerthu
01:17:15pundam poodhu. Nienge vee tukerthu pundam poodhu. Adha ala one time lock place pundi anu poodhu. One time
01:17:19lock pundu nal. And the lock break pundu nal. Open pundu. Seal vetsita pundu
01:17:23pundu nal. Seal vetsita pundu nal. So, on the seal a oda chunna aap. Seal a oda chunna aap. Seal a oda chunna
01:17:29printu nal. So, yaad seal vetsita pundu nal. So, yaad seal vetsita pundu nal. Aung
01:17:33oda vatsita pundu nal. In his presence or in his authorized representative, you can open. Seal
01:17:39vetsita pundu nal. Seal vetsita pundu nal. Under one time lock affixed by principal officer. Okay.
01:17:47Principal Officer, probably Chief Commissioner or Principal Commissioner, that is relaxed and
01:17:56in the OTL, it is relaxed and in the OTL, one-time lock.
01:18:01Acknowledgement of receipt of goods at the destination by the proper officer.
01:18:05Where is the destination?
01:18:06Where is the destination?
01:18:07Where is the goods?
01:18:08The goods?
01:18:09Lock?
01:18:10One-time lock?
01:18:11Okay.
01:18:12Bond officer licensing.
01:18:13That is why.
01:18:14Bond officer licensing.
01:18:16That is the port of the warehouse.
01:18:20Who will carry out the order?
01:18:21Bond officer sign.
01:18:23Bond officer.
01:18:24If you are in the warehouse, the license sign.
01:18:27The recipient of the gate, he will carry out the order.
01:18:32The principal officer sign.
01:18:34Please acknowledge.
01:18:35To be produced by the owner of the goods to the principal officer within one month.
01:18:41If you sign the document, you can move the goods to the office, you can transport one month to the office, if not pay full duty with interest applicable penalty. So, as a warehouse means owner of the commodity, what is the role of yours?
01:19:02You have to pay full duty with interest and applicable fees. Is that okay?
01:19:29Now, this one time lock, one time lock, one time lock, remove from custom station for warehousing, clear?
01:19:45Clear? That's right, OTL is there. OTL, who is proper officer on container or trucks with serial number, dated, time, inscribed.
01:19:56sealed is it, serial number, date, time, order the OTL is there.
01:20:01Affixed serial number, or bill of exchange and transcript document.
01:20:08document. It is allathe you have, you have subsequent of the
01:20:11angiim you have affix panniknou. Okay. Container leen
01:20:15rukkhe. Plus and the item name affix panniknere rukkhe. And maintain a record of the
01:20:19ebo. Adapod details maintain panniknere rukkhe. Yare? And the in charge. Principal officer.
01:20:26Removal from warehouse for custom station. Warehouse is the custom station. Ipoh and
01:20:31the, it is one another custom state. Removal from custom station for warehouseing. It is
01:20:37from warehousing for custom station. Ipoh export panniknou poodhu. Warehouse to
01:20:41aandhu custom station poyitna aangai export panniknou poodhu. Similar procedure is applicable
01:20:45there also. Āna in the seal vekkkhe vende yawasiyem yehngga varadhana liquid bulk cargo
01:20:51transport thru pipeline or over dimensional cargo varadhal in the OTL koda vende yawasiyem
01:20:57illa adhuk relax vane ikkala. Is that okay? Liquid bulk cargo. Okay. Petrol luna arukkhe.
01:21:05adal oandhu seal poodam poodmaa mah? Eglia? Eglia? Eglia? That one
01:21:07or pannkh Senior seal poodam? Eglia? Aandhu or pannakke uagadhu seal poodaman on
01:21:09liha? Horeere ponenla oandliha? Eglia? And the
01:21:11vathakol oandhu coorriere ponenra marMAru seene vende yawasiyemila?
01:21:14Adal seal poodte marayai eglia? Eglia? Adal koh and
01:21:16eglia seal panniknou? Aparo adhuk eglia seal aadhi zay eglia eglia eglia uarendu. Liquid bulk cargo
01:21:19transport through pipeline is not possible and the cargo is over-dimension, very a size,
01:21:28okay.
01:21:29And the transfer of goods to another warehouse, one warehouse on the indoor warehouse code,
01:21:39okay, warehouse on the private or public, licensee transfers only on production of order from
01:21:47proper officer, if X is a warehouse and Y is a warehouse, it is a licensee, X being the
01:21:58licensee.
01:21:59Owner, why are you doing this?
01:22:01Sir, I remove it, Sir, I should say, X is the licensee who runs this warehouse, will
01:22:08expect to give me an order, proper officer says, good sir, remove it, proper officer will
01:22:14document, get rid of it, proper officer will get rid of it.
01:22:17If you want to remove it, the licensee is the licensee, the licensee is the licensee,
01:22:22OTO affixed.
01:22:23Now, who is the control?
01:22:25Your control?
01:22:26X control?
01:22:27X control?
01:22:28X control?
01:22:29And endorses all the documents and maintenance the record.
01:22:34Right, it is private to public.
01:22:36Special warehouse of licensee, licensee transfers only with the permission of the bond officer.
01:22:45Bond officer, if you want to get rid of it, the licensee can transport.
01:22:51Right, in the presence of the bond officer, remove the goods and affix the OTO.
01:22:55That is called monthly return, that is called monthly return, is that clear?
01:23:22I am?
01:23:25I am.
01:23:26I am.
01:23:27I am.
01:23:28What the?
01:23:29I am.
01:23:30That's what I am.
01:23:31I am.
01:23:32I am.
01:23:33Now, I am.
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