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

AI Summary

Importing from Germany to Export to US: No Manufacturing Needed, But Check Special Valuation Branch Rules on Profit Margins. A person in India inquired about importing materials from Germany and exporting them to the US without any manufacturing or value addition. One response confirmed that traders can import and sell goods locally, and merchant exporters can export without manufacturing or value addition. Another response advised that while value addition is not mandatory, it may be required for obtaining a chamber certificate. The response also suggested that the Special Valuation Branch (SVB) might inquire about the lack of profit margin, recommending a thorough check of all parameters before proceeding regularly.