Selling goods purchased from overseas country

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sourav (Querist)
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17 December 2012 Dear Sir,

We are in Motorsports field and often purchase racing/car equipments online, mostly from USA, because of limited availability of racing equipment in india, we are planning to purchase these items and then re selling it to indian teams. What all permissions do we need to have for this?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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19 December 2012 YOU ARE SERVICE PROVIDE IN MY PERSONAL opinion YOU MUST GET REGISTERED IN SEPC AND GOT IEC CODE FOR DGFT INCENTIVE .

sourav

sourav (Querist)
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19 December 2012 Thanks for ur reply. can you plz elaborate your opinion.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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20 December 2012 i means you are service provider and as per DGFT provision if you got IEC CODE and got registered in SERVICE EXPORT PROMOTION COUNCIL u avail incentive as per notified list by DGFT.

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