Inport purchase
This query is : Resolved
MANISH BHEDA
(Querist)
22 August 2012
1 ) Payment has been made by party A to party outside India before Party B is registered in India
2 ) Consignment has not been despacted from abroad.
3 ) Can the import of goods be done in the name of party B who is registered under Delhi VAT if so than the payment done by party A how can we resolve the payment issue.
4 ) Can party A take the delivery in the name of party B in Delhi.
5 ) Do we have to receive Purchase Invoice from Party A or will it be considered as Import Purchase for Party B as per point no 4 above.
6 ) In any of the cases above how we have to effect the payment to Party A
2 ) Consignment has not been despacted from abroad.
3 ) Can the import of goods be done in the name of party B who is registered under Delhi VAT if so than the payment done by party A how can we resolve the payment issue.
4 ) Can party A take the delivery in the name of party B in Delhi.
5 ) Do we have to receive Purchase Invoice from Party A or will it be considered as Import Purchase for Party B as per point no 4 above.
6 ) In any of the cases above how we have to effect the payment to Party A
23 August 2012
Mr Manish!
Yes! You can do so. The consignment can be sold before it touches land or sea of India. It is commonly called HIGHSEAS SALES.
But there is a procedure to follow.
a) You both sign on the agreement before goods lands in Indian area.
b) Thereafter new buyer will do all.
c) Payments between A and B can be exchanged after (a) above.
contact@vkbajaj.co.in
Yes! You can do so. The consignment can be sold before it touches land or sea of India. It is commonly called HIGHSEAS SALES.
But there is a procedure to follow.
a) You both sign on the agreement before goods lands in Indian area.
b) Thereafter new buyer will do all.
c) Payments between A and B can be exchanged after (a) above.
contact@vkbajaj.co.in
MANISH BHEDA
(Querist)
23 August 2012
Is the Agreement for Sales is Important as suggested by you.
Thank you
Thank you
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