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TMI Blogthird party exportX X X X Extracts X X X X X X X X Extracts X X X X ..... third party export X X X X Extracts X X X X X X X X Extracts X X X X ..... ndia.com/forum/third-party-export-under-epcg-209643.aspMr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after export Read more at: http://www.ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... clubindia.com/forum/third-party-export-under-epcg-209643.aspmLet us take an example Mr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after export ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.aspMr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... export. Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.asp Reply By Mahir S: The Reply: In third party exports, the export order is obtained by a third party exporter and he may not have goods under the said purchase order . In a third party exports, the overseas order is obtained by a third party exporter . He procures goods from another manufacturer exporte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r and exports the goods on his name and foreign exchange obtained by the third party exporter. Hence, in your case Y has to be a third party exporter and therefore X cannot be a third party exporter. Reply By Mahir S: The Reply: If X is a third party exporter, then Foreign Inward remittance has to be received by the third party exporter, as he had obtained the export order. So the purchase orde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r from overseas buyer, Foreign Inward Remittance Certificate (FIRC) etc. will be in the name of third party exporter and not in the name of manufacturer exporter. So the Reserve Bank point of view, the regulation of inward remittance is monitored with the third party exporter.
However, if export order is not obtained by X, then the question of third party export does not arise at all. X X X X Extracts X X X X X X X X Extracts X X X X ..... ion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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