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Merchandise trade transaction

This query is : Resolved 
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(Querist)
01 May 2013 Is this transaction is possible? if yes please explain the process and give reference

"A" an Indian party imports goods from foreign company "B" and sold through documents to "C" an Indian company, and "C" sold through documents to "D" a foreign company.

Goods not entered into the territory of India and directly shipped from company"B" to company"D"
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
17 October 2013 although it is not compliance of RBI & fema act
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