Goods bought from Foreign Supplier but shipped from its Indian Contract Manufacturer, FEMA

[HAMZA PAWASKAR]

Hi all,

ABC (Delhi) - Buyer

XYZ (UK) - Seller

PQR (Chennai) - Contract Manufacturer of XYZ (UK)

Goods were sold by XYZ (UK) to ABS (Delhi) but the goods were shipped from PQR (Chennai). Now in course of making remittance from ABC(Delhi) to UK showing it as imports the bank demands BOE and other shipping related documents.

Can anyone guide me the structure through which the foreign remittance can be made?

Thanks

Posts / Replies

[YAGAY andSUN]

Please check para B.7 of the Master Direction - Import of Goods and Services as issued by RBI in 2016.