Gargi Ranade
28 March 2015 at 12:27
Dear All,
We are 100% Export Oriented Unit, our EOU status is valid up to 31-03-2015, we have duly filed application for extension of EOU much before due date, but government authority with which application is pending is asking for different details as on date . We have sufficient NFE & we also enjoys Trading House Status. We have cleared all Customs Excise Audit without any additional penalty.
All the details asked by the authority is over and above the prescribed details asked in the application. further Authority everytime asks CA certificate for each and every details. Obviously , No CA provides certificate without detailed audit.
Now, I have heard that if authority fails to renew the green card before 31st March 2015, my Company's Exports and Imports will be stopped from 1st April, 2015.
We have duly filed application , there is no written request from the Government Authority for providing additional Documents but our application is hold for minor details. In this case do I have any option to continue the Import Export without LOP & Green card on the basis of application already submitted to authority .
Please reply , its urgent
Gargi Ranade
23 August 2014 at 12:57
recently we have found that all our export import related details which is generally submitted to Customs is available at Zauba . com ,
this information is confidential and contains competitive price sensitive information.
Can somebody please let me know that whether information submitted to customs authority is available for public access.
How this website must have been allowed to continue such disseminations ??
Gargi Ranade
03 December 2013 at 17:07
Dear Sir,
We are subsidiary of the Japanese Company. We are manufacturers of Machine .Machines are manufactured by using the know how of the parent Company .
We sell our machines in local as well as in the International Market. Warranty terms for local market Sales lies upon us whereas in export market lies upon Parent company.
As of now, we use the Brand Name and mentioned details of our Company (Indian ) on all the name plates of the machines manufactured in India.
Now, our Parent company is insisting on the basis of their intellectual property rights that we should put name of the parent Company and details of the parent Company on the name plate of the Machines.
I understand simply following the instructions may lead to many issues in this case for e.g.
In such case Can Indian company be held liable for the warranty terms of the Machines which are sold in India.
Today we are working as a manufacturer Exporters and such changes may lead to assumption as we are contract manufacturer .
We may have problems in TP regime and impact can be much more.
Which all provisions and acts I must consider while understanding the implications of such changes.
I know that this very critical issue and we will require to approach consultant before taking final steps .
but I want to update myself before going to the consultant so I can update the management seriousness of the issue .
Can you please suggest me upon the acts and provisions which I should consider for avoiding future consequences of this issue.
Gargi Ranade
30 July 2013 at 14:21
We are 100% EOU and manufacturer of capital goods , recently we have bought adjecent land to our existing factory.
We are planning to enter into new business activity i.e.Production of semi finished item manufactured through our own machines.
However , proposed activity can not be excatly termed as Capital Goods Manufacturing.
Now my query is can we add this activity through broad banding of the current LOP showing it as a forward linkage.
Also can existing unit start different activity by applying fresh LOP. Or it needs to apply it as a fresh EOU.
Regards,
Gargi
Gargi Ranade
31 December 2012 at 14:02
Dear All,
Company has entered into contract with civil advisor for the construction of the new building and both parties has acted as per the terms and conditions o the contract . However parties did not executed this contract on the stamp paper.
Contract is in the last stage of completion. Audit observation reveled the necessaity for the execution of contract on the stamp paper .
It is impossible to get back dated stamp paper on parties name. How can company deal with the audit observation.
What is the remedy left to the Company to get the things regularised.
Gargi Ranade
03 November 2012 at 09:55
Dear all,
We are in the process of purchasing MIDC plot which was leased by MIDC to one Pvt. co.
We have already eneterd into MOU for purchase of the plot.
Can anybody please provide me format of deed of assignement for purchase of plit.
Regards,
Gargi
Gargi Ranade
03 September 2012 at 12:34
Dear All,
Please let me know what is the Stamp Duty rate and Registration fees payable for procuring plot at Ambarnath MIDC .
Also kindly let me know where I can get the details of Registration fees and stamp duty?
Is theire any difference in stamp Duty & registration fees for procuring Residential plot or plot at MIDC, and does rate of fees & Duty remain same for resale transaction also .
Thanks & Regards,
Gargi
Gargi Ranade
12 April 2012 at 10:55
Dear All,
I urgently need legal opinion of the IPR consulatant.
Can anybody please give me reference of Lawyer in Mumbai who can give us paid srvice regarding Legal Opinion on IPR issue.
Gargi Ranade
23 February 2012 at 14:29
Dear All,
We are manufacturers of Capital Goods ( Machines). We are about to eneterd in to Sale Purchase Contract with one of our customer.
Customer has put obligation on us relating to Transfer of Intellactual Property in Machine.
I believe that mere sale of machine does not give any right to customer to own Intellactual property rights of the Machine. However, he can surely put obligation for transfer of clear title in machine.
kindly clarify this issue, Does sale of Machine amounts to transfer of Intellactual Property Rights in the same???
Regards,
Gargi
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How i can get complete judgement passed in any case.
Dear All,
I am working in 100% EOU and I have some query regarding Exact status of the sale effected by EOU against EPCG license.
While searching the details I come across with one landmark decision which has been referred in various other cases .
However, I could not find out actual verdict passed in the said case.
I would be immense thankful if somebody can provide me the full text of the verdict passed in the below reoffered case.
M/s. Amitex Silk Mills Pvt. Ltd.[2006(72)RLT11(LB)] . Please share the details if anybody has it.