TMI BlogSubContracting of Imported Raw Materials outside IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear all, Client is a 100% EOU and is planning to import raw materials from Germany and will be directly dispatched to USA for a sub-contracting process. After process is complete, the semi-finished ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods is dispatched to India for further processes by the EOU unit and the finished goods are exported back. 1) Whether the EOU unit can undertake such activity? 2) How can the EOU unit pay for the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... raw material supplier in Germany when the goods are shipped from US after completion of the subcontracting process. Whether BOE can be filed in the name of both the raw material supplier and subcontra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctor. 3) whether the abovesaid transaction is a Merchant transaction as per RBI? the abovesaid transaction falls under Merchant transaction. Whether the - Reply By YAGAY andSUN - The Reply = Keep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Development Commissioner and customs authorities in loop and inform them in writing about this transaction. GST will be payable on the first leg of this transaction i.e. import from Germany and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shipped to US. - SubContracting of Imported Raw Materials outside India - Query Started By: - Mohideen A Dated:- 6-1-2021 Other Topics - Got 1 Reply - Indian Laws - Discussion Forum - Knowledge S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... haring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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