I have a query about effecting an International trasaction.
There is a company A in India. It receives a PO for supply of goods from Company B in China. Company A in turn places an order to manufacture those goods on Company C in Singapore. Company C manufactures and ships the goods directly to Company B in China, however it raises invoice on Company A in India. Company A raises sales invoice on Company B in China.
In effect, A has imported from C and exported to B, however the movement of goods happened from sigapore to china, without coming into India.
Is this transaction Valid, and if so what are teh Customs procedures to be followed.