Deemed import transaction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2012
I work for a small pvt co in delhi. we wanted to supply some materials to a customer by using the Bond to Bond warehouse procedure within India. Our director also has a independent co. regd in Singapore. my query is:
1. Can we ask an india distributor to bill the materials on my directors co in singapore in USD from the bonded ware-house and ship them to the customer in India?
2. If yes then what are the documents required for the same?
3. Can the singapore co bill the material to my co in india ?
4. if yes then how do we make the payment against the same from Indian CO to Foreign CO? what are the regulations and documents required?
1. Can we ask an india distributor to bill the materials on my directors co in singapore in USD from the bonded ware-house and ship them to the customer in India?
2. If yes then what are the documents required for the same?
3. Can the singapore co bill the material to my co in india ?
4. if yes then how do we make the payment against the same from Indian CO to Foreign CO? what are the regulations and documents required?
RAMESH KUMAR VERMA
(Expert)
07 September 2012
read links:
https://www.egyankosh.ac.in/bitstream/123456789/35466/1/Unit-8.pdf
https://www.eximbankindia.com/summary/Export%20Procedure%20-Kohima.pdf
https://www.caclubindia.com/experts/import-procedure-export-procedure-817320.asp#.UEmK7qA-1tg
https://www.caclubindia.com/forum/procedure-for-import-and-export-in-india-83163.asp
https://www.egyankosh.ac.in/bitstream/123456789/35466/1/Unit-8.pdf
https://www.eximbankindia.com/summary/Export%20Procedure%20-Kohima.pdf
https://www.caclubindia.com/experts/import-procedure-export-procedure-817320.asp#.UEmK7qA-1tg
https://www.caclubindia.com/forum/procedure-for-import-and-export-in-india-83163.asp
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