third party export

[Mukesh Mudi]

Mr. X is a EPCG authorization holder. Mr. X sells goods to Mr. Y. Mr. Y exports the goods.If Mr. Y mention Mr.X name as Third party exporter in the Shipping bill.then

1)

If. Mr. Y mentions Mr. X name

Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.asp

Mr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after export

Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.aspm

Let us take an example Mr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after export.

Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.asp

Mr. X is EPCG authorization holder. MR. X sells goods to Mr. Y. Mr. Y exports the goods. If. Mr. Y mentions Mr. X name and EPCG no. in his shipping bill then Will Mr. Y be debared of any export benefit under chapter 3 or any other ? Secondly, What documents will Mr. X take from Mr. Y to fullfill his EO after export.

Read more at: http://www.caclubindia.com/forum/third-party-export-under-epcg-209643.asp

AI Summary

Third-party export: entitlement to export benefits depends on who obtained the export order and received inward remittance.
A third-party export requires that the named exporter obtained the overseas purchase order and received the foreign inward remittance; export documentation (purchase order, FIRC) and entitlement to export benefits will therefore be in the third-party exporter's name. If the EPCG authorization holder did not obtain the export order, it cannot be treated as the third-party exporter for meeting EPCG export obligations.