TMI BlogExport of goods without Importing into IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Ma am, I want to know about the RBI FERA/FEMA compliancies for Export of goods without Importing into India. Indian company in the receipt of order from a county (X) for which Indian company have Import same goods from another country (Y), company is planning to deliver the same goods directly from Country (X) to Country (Y) without Importing into India. Kindly confirm about the RBI F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ERA/FEMA compliancies for the same - Reply By YAGAY andSUN - The Reply = RBI/2019-20/152 A.P. (DIR Series) Circular No.20 January 23, 2020 GST will also be applicable as per various Advance Rulings. Please check. - Reply By Shubham Kansal - The Reply = Thanks... can you share AAR also? - Reply By MUKUND THAKKAR - The Reply = You need to co related inward remittance and outward remitta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce with the nominal margin of 5 to 10%. No GST is applicable under sh.(III) (7) of CGST . - Reply By Jayaprakash Kamath - The Reply = Transaction can be done under Merchanting trade transaction. Transaction date will start from shipment date or outward remittance date or inward remittance date whichever is earlier and transaction should be completed within nine months. Outlay of funds if an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y should not be more than four months - Export of goods without Importing into India - Query Started By: - Shubham Kansal Dated:- 5-3-2021 FEMA - Foreign Exchange Management - Got 4 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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