Tax Management India. Com
                        Law and Practice: A Digital eBook ...

☞ Data-bank

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News D. Forum
Highlights
What's New  Latest Cases 

Share:      

        Home        
 
Discussions Forum
Home Forum FEMA - Foreign Exchange Management This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Export of goods without Importing into India, FEMA - Foreign Exchange Management

Issue Id: - 117064
Dated: 5-3-2021
By:- Shubham Kansal
Export of goods without Importing into India

  • Contents

Dear Sir/Ma’am, I want to know about the RBI & FERA/FEMA compliancies for Export of goods without Importing into India. Indian company in the receipt of order from a county (X) for which Indian company have Import same goods from another country (Y), company is planning to deliver the same goods directly from Country (X) to Country (Y) without Importing into India. Kindly confirm about the RBI & FERA/FEMA compliancies for the same

Post Reply

Posts / Replies

Showing Replies 1 to 4 of 4 Records

1 Dated: 8-3-2021
By:- YAGAY andSUN

RBI/2019-20/152 A.P. (DIR Series) Circular No.20 January 23, 2020

GST will also be applicable as per various Advance Rulings. Please check.


2 Dated: 9-3-2021
By:- Shubham Kansal

Thanks...

can you share AAR also?


3 Dated: 9-3-2021
By:- MUKUND THAKKAR

You need to co related inward remittance and outward remittance with the nominal margin of 5 to 10%. No GST is applicable under sh.(III) (7) of CGST.


4 Dated: 1-12-2021
By:- Jayaprakash Kamath

Transaction can be done under Merchanting trade transaction. Transaction date will start from shipment date or outward remittance date or inward remittance date whichever is earlier and transaction should be completed within nine months. Outlay of funds if any should not be more than four months


1

Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||