Trade Discount eligible for exports

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... What is max Trade Discount eligible for exports. - Reply By Rama Krishana - The Reply = There is a difference between discount and commission. I think, there is no restriction on trade discount since .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... it is between the supplier and buyer of goods. But, trade discount must be declared at the time of export. If you fail to declare trade discount at the time of export, you may face difficulty when an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... issue arises at time of receipt of foreign exchange against export. A problem may also arises when u get export incentives on value without trade discount and later u receive the amount after trade di .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... scount. Therefore, it is always better to declare trade discount at the time of export. Read the master circular: http://www.taxmanagementindia.com/Site-Map/FEMA/detail_circular.asp?ID=6379 - Trade Di .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... scount eligible for exports - Query Started By: - PANKAJ BAVISI Dated:- 27-3-2010 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an exp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X