Sub-contracting abroad: exports from subcontractor premises allowed with declared values and ensured repatriation of foreign exchange. Where an EOU/EHTP/BTP/STP exports goods from a foreign sub-contractor's premises it must declare at clearance the transaction value of finished goods, job-work charges payable to the sub-contractor, and the value of intermediate goods, supported by the sale price contract/invoice for finished goods, the job-work contract and the basis of valuation of intermediate goods, and ensure full repatriation of foreign exchange corresponding to the declared transaction value.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sub-contracting abroad: exports from subcontractor premises allowed with declared values and ensured repatriation of foreign exchange.
Where an EOU/EHTP/BTP/STP exports goods from a foreign sub-contractor's premises it must declare at clearance the transaction value of finished goods, job-work charges payable to the sub-contractor, and the value of intermediate goods, supported by the sale price contract/invoice for finished goods, the job-work contract and the basis of valuation of intermediate goods, and ensure full repatriation of foreign exchange corresponding to the declared transaction value.
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