Movement of it hardware from one sez unity to other sez unit
This query is : Resolved
05 September 2011
Can anyone help me with below:
If a company ship some IT hardware to it's vendor for IT/ITES operation on their behalf and then would like to ship these equipments from vendor to its own office in SEZ unit. is this possible?
if yes, what will be the formalities....
Thanks in advance for your help.
If a company ship some IT hardware to it's vendor for IT/ITES operation on their behalf and then would like to ship these equipments from vendor to its own office in SEZ unit. is this possible?
if yes, what will be the formalities....
Thanks in advance for your help.
05 September 2011
Additional info. Original shipment was Exported to Vendor in India from another office in Asia.
13 September 2011
as per PARA 6.14 OF HAND BOOK OF POLICY PROCEDURES VOL-1(2009-2014)
"SUPPLY TO OTHER EOU/EHTP/STP/BTP/SEZ UNIT SHALL BE COUNTED TOWARDS NFE PROVIDED THAT SUCH GOODS ARE PERMISSABLE FOR PROCEREMENT BY THESE UNITS"
NET FOREIGN EXCHANGE , REFERS TO :-
A-B/B
A , WHERE EXPORTS, (IS THE TOTAL OF FOB VALUE)
B , WHERE IMPORTS (IS THE TOTAL OF CIF VALUE)
INVOICE MADE BE ALSO PERMITTED BY RBI IN INDIA RUPEE.
AS PER FOREIGN TRADE POLICY 2009-2014 , PARA 6.13
"TRANSFRED OF MANUFACTURED GOODS SHALL ALSO BE ALLOWED FROM EOU/EHTP/STP/ BTP/ UNIT TO A SEZ DEVELOPER OR UNIT FOLLOWING PROCEDURE PRESCRIBED IN SEZ RULES , 2006"
ANY DUTY AND VAT WILL NOT BE APPLICABLE FOR SEZ. UNIT.
FOR MORE INFO:
https://www.eximguru.com/exim/dgft/exim-procedures/2009-2014/chapter_6_eous_ehtps_stps_btps.aspx
"SUPPLY TO OTHER EOU/EHTP/STP/BTP/SEZ UNIT SHALL BE COUNTED TOWARDS NFE PROVIDED THAT SUCH GOODS ARE PERMISSABLE FOR PROCEREMENT BY THESE UNITS"
NET FOREIGN EXCHANGE , REFERS TO :-
A-B/B
A , WHERE EXPORTS, (IS THE TOTAL OF FOB VALUE)
B , WHERE IMPORTS (IS THE TOTAL OF CIF VALUE)
INVOICE MADE BE ALSO PERMITTED BY RBI IN INDIA RUPEE.
AS PER FOREIGN TRADE POLICY 2009-2014 , PARA 6.13
"TRANSFRED OF MANUFACTURED GOODS SHALL ALSO BE ALLOWED FROM EOU/EHTP/STP/ BTP/ UNIT TO A SEZ DEVELOPER OR UNIT FOLLOWING PROCEDURE PRESCRIBED IN SEZ RULES , 2006"
ANY DUTY AND VAT WILL NOT BE APPLICABLE FOR SEZ. UNIT.
FOR MORE INFO:
https://www.eximguru.com/exim/dgft/exim-procedures/2009-2014/chapter_6_eous_ehtps_stps_btps.aspx
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13 September 2011
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