How cleared that third party export through indian customs,
This query is : Resolved
chandrashekhar
(Querist)
14 November 2012
Dear All
I am importing stainless steel from thailand to nhava sheva port, india.This shipment after landing indian custom area , I Will move this shipment of stainless steel to another country which is germany , so my quetion is how cleared that third party export through indian customs,pls suggest any notification for this type of shipment or procedure how will it clear through indian customs.
I am importing stainless steel from thailand to nhava sheva port, india.This shipment after landing indian custom area , I Will move this shipment of stainless steel to another country which is germany , so my quetion is how cleared that third party export through indian customs,pls suggest any notification for this type of shipment or procedure how will it clear through indian customs.
Rama Krishnan
(Expert)
15 November 2012
YOUR CURRENT PROCESS IS PRONE TO HASSLES, YOU SHOULD INFACT PICK UP THE GOODS FROM THAILAND AND EXPORT DIRECLTY TO GERMANY. THIS IS ALLOWED IN EXIM POLCIY AND RBI ALSO APPROVES SUCH TRANSACTIONS. ONCE YOU EXPORT PROCEEDS ARE RECEIVED , YOU CAN APPROACH YOU BANKER, WHO WILL ALLOW YOUR TO REMIT IMPORT PAYMENT
YOUR CURRENT PROCESS IS PRONE TO HASSLES, YOU SHOULD INFACT PICK UP THE GOODS FROM THAILAND AND EXPORT DIRECLTY TO GERMANY. THIS IS ALLOWED IN EXIM POLCIY AND RBI ALSO APPROVES SUCH TRANSACTIONS. ONCE YOU EXPORT PROCEEDS ARE RECEIVED , YOU CAN APPROACH YOU BANKER, WHO WILL ALLOW YOUR TO REMIT IMPORT PAYMENT
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