Export of Imported goods to NEpal

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Santosh (Querist)
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21 May 2010 Can I do the export of imported goods to Nepal?? I will importe teh goods from other countries and re-export as such the goods to Nepal??

Whether the same is permissible?? Are there any restrictions??

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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03 July 2010 DEAR AUTHOR,

AS PER HAND BOOK OF PROCEDURES VOL-1(2009-2014) PARA GRAPH NO.2.2 "UNLESS OTHERWISE SPECIFICALLY PROVIDED, IMPORT EXPORT WILL BE VALID FROM / TO ANY COUNTRY . ABOVE PROVISION SHALL, HOWEVER, BE SUBJECT TO ALL CONDITIONALLY, OR REQUIREMENT OF AUTHORISATION ARE REQUIRED UNDER SCHEDULE -1 AND / SCHEDULE-II OF ITC HS.

IN THIS REGARD I WANTED TO INFORM YOU THAT SAPTA WAS SIGNED BY SEVEN SAARC MEMBERS NAMELY INDIA, PAKISTAN, NEPAL , BHUTAN, BANGLADESH , SRILANKA,AND IN MALDIVES IN 1993 AND CAME IN TO OPERATION IN 1995.

FOUR ROUND OF TRADE NEGOTATIONS HAVE BEEN COMPLETTED AND MORE THAN 3000 TARIFF LINES ARE UNDER TARIFF CONCESSIONS AMONG SAARC COUNTRIES.

LIST OF AGENCIES AUTHORISED TO ISSUE CoO UNDER SAPTA ARE NOTIFIED UNDER APPENDIX-4B.

REGARDS,

RAMESH VERMA

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