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EXPORT TO IRAN AND US SACNTION

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..... EXPORT TO IRAN AND US SACNTION
Query (Issue) Started By: - NISHANT SHAH Dated:- 6-2-2020 Last Reply Date:- 5-5-2020 Customs - Exim - SEZ
Got 1 Reply
Customs
Dear All Experts, My client d .....

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..... o export chemical goods to Iran since last 1 year and we managed UCO Bank in india for receiving its payment but now due to some stringent US Tariff sanction applied on Indian country, our UCO Bank de .....

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..... nied any payment from iran. They informally said that they would have balance upto 30th Apr 2020 but they don't assure us for payment of current shipping order with our iran buyer. Can we make WRI .....

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..... T to High Court about our pending payment to be released from UCO Treasury office, Mumbai. We contact to our Treasury officer at Mumbai, he asked us not to engaged in further deal with iran. He don .....

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..... 9;t give us written undertaking that they will make us payment. My question is whether US Sanction is applied to Indian country specifically for Chemical goods and if so, can i know its legal validity .....

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..... through any written document? Pls guide me if anyone has any refrence to support my issue. Reply By YAGAY andSUN: The Reply: UN and USA both put sactions on IRAN, therefore, valid. you may file wr .....

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..... it petition but there will be no use. https://dgft.gov.in/more/trade-links/unsc-resolution/un-resolution-iran
Discussion Forum - Knowledge Sharing .....

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