Export of Imported Material

[Lekh Sood]

Can a person in India do business like Import material from Germany and export to US

without doing any manufacturing process or value addition.

Please share your expert views.

Sood

[Mahir S]

Yes sir, traders can import goods and then sell them to local buyers,

Similarly, merchant exporters can also export goods without any manufacturing activity thereon or any value addition to the product.

[MUKUND THAKKAR]

sir,

As per my view value addition is require is require for getting chamber certificate. SVB can ask you reason for not adding profit margin at the time of export . so it is advisable to check all parameters and than start the activity if is done regularly.

AI Summary

Import and re export without manufacturing permitted, but exporters should ensure documentation and justification for absence of value addition. Merchant exporters may export imported goods without performing manufacturing or value addition, and traders may import and resell locally; however, procedural and documentary expectations-including requirements for certificates that may enquire into value addition or profit margins-mean exporters should maintain supporting records, justify pricing and margins, and confirm compliance with customs verification and other regulatory parameters before undertaking import-for-export operations.