Payment made by other than Buyer

[Guest]

Dear Sir,

In Export, Payment has been received from other than Buyer mentioned in SB, Commercial Invoice etc. In such case , how to get corrected all Documents ab initio or which are the additional documents may be submitted as remedy

Thank you

[YAGAY andSUN]

Please check Master Direction as issued by RBI also refer appended Circular.

RBI/2013-14/364
A. P. (DIR Series) Circular No.70

[KASTURI SETHI]

It has enriched my knowledge. I am obliged to M/s.Yagay and Sun, Sirs for very useful reply.

AI Summary

Guidance Sought on Handling Export Payments from Third Parties: Refer to RBI Circular and Master Direction. In a discussion forum, an individual inquired about handling export payments received from a party other than the buyer specified in shipping documents and commercial invoices. They sought guidance on correcting documents or submitting additional ones. A respondent suggested referring to the Master Direction and a specific RBI circular for guidance. Another participant expressed gratitude for the helpful information provided by the first respondent, acknowledging the value of the shared knowledge.