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TMI BlogFOC ExportX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Team We need to supply the goods on FOC basis to Foreign Customer at Iraq Sites on trial basis for a period of 3-4 months for geeting the order in future from their site. What is the modelity/pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cess we need to do. MK - Reply By Shilpi Jain - The Reply = File a shipping bill during export of goods as FOC. This will not be treated as exports under GST as it is not a supply. - Reply By raghunan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dhaanan rvi - The Reply = Also obtain GR WAIVER from your authorized dealer and get the foc invoice endorsed by the bank. - Reply By mk Jain - The Reply = Yes, I agree. After the testing is completed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... we will bring back the goods. At that time the import duty should be zero as per general exemption 147 condition no. 5? Thanks to all for valuable reply. MK - Reply By raghunandhaanan rvi - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = You may claim zero duty benefit on the reimport of goods under Notification No. 45/2017 - Customs under serial no. 5. - FOC Export - Query Started By: - mk Jain Dated:- 24-7-2024 Last Replied Date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... :- 30-7-2024 Customs - Exim - SEZ - Got 4 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t - 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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