We wish to know the provisions of exporting and stocking of goods in own ware house. How the commercial invoice / export invoice need to be generated from Customs and Banking angle, where in the actual in ward remittance is expected against individual invoices for smaller quantities despatched from this warehouse based on the customer order. Are we liable for receipt of payment against the first invoice raised for customs clearance purpose ?
Exporting goods to own warehouse
Prashanth Bhat
Clarification sought on export invoice generation and payment liability for partial shipments under customs rules. A query was raised regarding the provisions for exporting and storing goods in one's own warehouse, specifically focusing on the generation of commercial/export invoices from customs and banking perspectives. The query also inquired about the liability for receiving payment against the initial invoice raised for customs clearance when smaller quantities are dispatched based on customer orders. A response was provided asking whether the issue had been clarified, inviting further communication if needed. (AI Summary)