Can an Indian Manufacturer Have Warehouse Abroad

[Kapil Bihani]

Experts...Need some insights.

Can an India Manufacturer have Warehouse Abroad where in the Agreement will be directly between the Manufacturer and Buyer.

Manufacturer will ship to his warehouse abroad and Buyer will pull in as per his requirements. Need to understand can buyer pay manufacturer based on his pulled quantity of FIFO basis. How should be the export documents be, should it reflect the buyer details also?

Thanks in advance.....

AI Summary

Foreign warehouse permission allows Indian exporters to store goods abroad subject to authorised bank approvals and transactional controls.
An Indian manufacturer may establish a warehouse abroad, provided permission is obtained and monitored through AD Category I banks. Permission is subject to exporter eligibility criteria, routing all transactions through the designated branch of the authorised bank, complying with the period of realisation for export proceeds, and maintaining proper records. Initial permissions are time limited and renewable on continued compliance, and banks must retain records of approvals.