Export against ct 1 to export house
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2016
DEAR SIR
HOW TO TAKE BENEFIT OF EXPORT IF EXPORT DONE AGAINST CT1 TO EXPORT HOUSE
ANY BENEFIT AGAINST CHAPTER 4 ???? CHAPTER 5 OF FOREIGN TRADE POLICY
HOW TO TAKE BENEFIT OF EXPORT IF EXPORT DONE AGAINST CT1 TO EXPORT HOUSE
ANY BENEFIT AGAINST CHAPTER 4 ???? CHAPTER 5 OF FOREIGN TRADE POLICY
03 August 2016
According to paragraph 2.42 of the current Foreign Trade Policy ( FTP) 2015-2020 third party exports are allowed . However, Chapter 4 of current Foreign Trade Policy is silent on third party exports (against CT-1)
Chapter 5 of FTP (EPCG Scheme) vide paragraph 5.10 (b) of Hand Books of Procedures of FTP 2015-20 allows exports through third party(ies).
In such cases, export documents such as shipping bills shall indicate name of both manufacturing exporter/manufacturer and third party exporter(s). Bank Realisation Certificate (BRC), Self Declaration Form (SDF), export order and invoice should be in the name of third party exporter.
Chapter 5 of FTP (EPCG Scheme) vide paragraph 5.10 (b) of Hand Books of Procedures of FTP 2015-20 allows exports through third party(ies).
In such cases, export documents such as shipping bills shall indicate name of both manufacturing exporter/manufacturer and third party exporter(s). Bank Realisation Certificate (BRC), Self Declaration Form (SDF), export order and invoice should be in the name of third party exporter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Loan by Partnership Firm
- Tax liability on income of freelancer
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Specified Profession
- Agriculture income or business income
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
