Share this page!

Yusuf Unjhawala 🇮🇳 Profile picture
Twitter logo
25 Oct, 4 tweets, 2 min read
I sent some samples of some products to Australia against payment via courier. Got notice from bank that this payment needs corresponding customs shipping bill. I have none.Possible scrutiny later, all for a small amount. Fix our laws, rather get rid of useless laws & regulations
Was having lunch with my clearing agent. He talked about a couple of cases -
- Garment export.
1- Customs chaps think it’s their birthright to pick up stuff they like.
2-Accuse of inflating invoice value to get drawback-time+$+₹ lost
India’s garments export have shrunk BTW
1/2
Another case-an exporter didn’t apply for LUT, paid full GST & didn’t apply for drawback. Customs said they suspect something wrong because the exporter didn’t apply for LUT & drawback.🤷‍♂️

How will India ever get into the shelves of supermarkets in every country like this?
2/2
So someone who paid the GST and didn’t apply for export subsidy also becomes a suspect. Like I’ve before, for the gvt every business is crook looking to scam. Nothing like an honest businessman or taxpayer for them.

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Yusuf Unjhawala 🇮🇳

Yusuf Unjhawala 🇮🇳 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @YusufDFI

Yusuf Unjhawala 🇮🇳 Profile picture
14 Sep
At least 30% kirana shops in Mumbai alone are on the verge of closure. More than 50,000 small sweet shops, those selling plastics, toys, bags and other small items have already vanished in parts of Karnataka deccanherald.com/business/econo…
Only 7% of the 7 crore small businesses are able to obtain finance from banks and other financial institutions, while the rest 93% traders are dependent upon informal source like family and friends to meet their financial requirements. deccanherald.com/business/econo…
A point that I’ve repeatedly raised for several years. Demo hit this section of business owners the most. They never figure in any gvt plan on supporting biz. And this sector gets tax terrored the most as well as they are small & vulnerable.
Read 8 tweets
Yusuf Unjhawala 🇮🇳 Profile picture
14 Sep
Over 10,000 Indians, entities from politics to business, judiciary to media, even crime-accused, tracked by big-data firm linked to Chinese govt. indianexpress.com/article/expres…
The goal of mining data to push what it [Chinese co] calls “hybrid warfare” — using non-military tools to achieve dominance or damage, subvert or influence. These tools include, in its own words, “information pollution, perception management & propaganda.” indianexpress.com/article/expres…
Beijing's mass surveillance of Australia and the world for secrets and scandal. 2.4 million names and profiles are on the database, including more than 35,000 Australians. It collates Twitter, Facebook, LinkedIn, Instagram and even TikTok accounts abc.net.au/news/2020-09-1…
Read 5 tweets
Yusuf Unjhawala 🇮🇳 Profile picture
6 Sep
Trust me, this is not new.
A few years ago, my supplier in Taiwan made business cards and couriered me, about 300 of it. I was made to pay customs on it. About ₹1000. Cost of making cards in India is ₹1 each.

And I don’t want to get started on my regular commercial shipments.
My supplier sends compliments in my shipment. For them its as a matter of routine, but ends up costing me in delayed clearance & ₹ as customs want invoice & packing list for it. And also a share of the compliments, or all of it 🤷‍♂️.
I requested my supplier to stop sending
And this rubs off in policy making too. GST is applicable on free samples and free services. Like banks have to charge 18% on free services on a deemed value 😂😂
Read 4 tweets
Yusuf Unjhawala 🇮🇳 Profile picture
9 Aug
No import means no foreign design and only indigenous designed, developed & manufactured products or it also includes foreign products manf in India? If former, do we have indigenous capabilities for all weapons in the list, In the latter, it’s buy & make as per existing DPP.
We have to fix the DPSUs & OFBs which stand to gain - their quality, delivery time, maintenance, or our operational readiness will be impacted. Some of the products which pvt sector already has like light & towed Howitzers, AFVs is welcome. Order in numbers. Encourage pvt sector
If this list includes foreign weapons to be manufactured in India as it seems, there can be a situation were you foreign company willing to manf in India, take away order from Indian design & developed weapon. Eg Light & Towed Howitzers.
Read 5 tweets
Yusuf Unjhawala 🇮🇳 Profile picture
6 Aug
Just noticed this labelling system by @Twitter ImageImage
Another label - gvt account. ImageImage
Looks like only Russian & Chinese gvt or gvt backed handles have been labelled, so far.
Read 4 tweets
Yusuf Unjhawala 🇮🇳 Profile picture
11 Jul
Estimated 100 cr per day revenue loss in just about 1 sq km. People are desperate to run business with rent & salary burden on, apart form their own expense. @CMofKarnataka this area supports thousands of jobs. Pls have a look & lift the lockdown. Image
Just heard that my business area will continue to be shut even as Bangalore lockdown ends tomorrow. @CMofKarnataka pls review and reconsider. For an area of just about 1sqkm the market area generates big revenue & employment. Consider reduced working hours, but open up
.@CMofKarnataka @BBMPCOMM please lift the lockdown of the city market area which is not justified. It’s causing huge losses to the traders. Businesses have started to wind up because of the losses. The area is a big job provider & important in the supply chain for industries
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get email notifications when new thread is out from this Author!

Check out other threads from this Author!

Read all threads by @YusufDFI