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Direct export of imported material from Custom warehouse

08 July 2020

One of the plant of "XYZ Limited Company" imported raw material from "X" Country, imported raw material has reached India and is in customer ware house.
Now the " XYZ Limited Company" wants to export the imported raw material to one of its plant in "Y" Country directly from custom warehouse.
What will be the procedure for same.
Please suggest.

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2 Replies

yasaswi gomes (My grammar is 💯 good I) (7290 Points)
Replied 09 July 2020

Yea. You can transfer. Your import charges will be purchases and export to Y country will be freight charges.

CS M Pota (Company Secreatary) (3180 Points)
Replied 10 July 2020

Yes, you can Export (it is not Transfer).You need to file Shipping Bill for export. Do ex-bond the Warehoused cargo and export.You need to file with Customs where the good is warehoused Invoice,Packing List, SDF and other papers as the Customs authority may ask for.