TaxTMI 
TaxTMI 
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
Export of Imported Material
12 Dec 2014 
2 Replies 
877 Views Asked by
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. (AI Summary)
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. (AI Summary)