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MERCHANTING TRADE IN THE INTRNATIONAL TRADE.

Customs - Import - Export - SEZ - By: - malay pota - Dated:- 2-4-2018 Last Replied Date:- 4-4-2018 - In the course of the trade and business it frequently happens that a person buy some goods from one person and sale the same to the other may be with .....

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business of such intermediary is to buy goods for X amount and sale to other for X+ amount what ever is + is his profit. For example, Mr. A of Ahmadabad buy 100 pens from Mr. B of Mumbai (he is the manufacturer of the Pens) for ₹ 1000/- for 100 .....

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and send to Mr. K or Mr. A may instruct Mr. B that to give delivery to Mr. K at Kerala. The above is an example of merchanting trade within India or within the Domestic area. But, the similar transaction also takes place in the International market .....

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nt in one foreign country The buyer of goods will be resident in another foreign country The merchant or the intermediary will be resident in India In the simple terms merchanting transaction is the transaction in the international market when shipme .....

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ransaction Indian person is called intermediary. For example, Mr. I of India purchase/ import 100 pens for USD 2000/- from Mr. C of China and sale/export the said 100 for USD 2500/- to Mr. U of USA. Here Mr. I of India gives instruction to Mr. C of C .....

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ck at the time of export to Mr. U of USA which will be a lengthy and expensive process. Mr. I may clear the goods for ware house and subsequently export the same he may do so but it will also be expensive. If Mr. I of India gives instruction to Mr. C .....

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not enter the Domestic Tariff Area of the Importing Country and, The state of the goods should not undergo any transformation and meant for transport from country of supplier to the country of the buyer. However, in sending the goods directly, requi .....

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? Only those goods that are permitted for Export and Import under the prevailing Foreign Trade Policy of India can be involved in the merchanting trade transactions. As on the date of shipment and all the rules, regulations and directions applicable .....

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