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Issue ID: 109581
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Merchant export

Date 21 Dec 2015
Replies 2 Replies
Views 1718 Views
Asked by
FTWZ facilitation enables purchasing, relabelling, and foreign currency payment for exports while preserving manufacturer anonymity.
Merchant export involves a merchant exporter procuring foreign orders and selling goods in its name while placing production with domestic manufacturers, enabling the merchant exporter to appear on export documents. Operating via a Free Trade and Warehousing Zone (FTWZ) permits purchasing, relabelling/rebranding, export from the zone, foreign currency payments to manufacturers, and allows manufacturers to claim export incentives as deemed exports, while keeping the manufacturer's identity from the foreign buyer though country of origin remains India. (AI Summary)

We intend to open a Merchant export operation in India so that our customers from outside India places the orders to our Indian arm directly and in turn we place those orders to the Indian manufacturers. Please advise the correct way to do this. We don't want to get into the local duty draw back documentation which we would like to give directly to the manufacturer exporter. Also we would like to pay the local manufacturer directly in USD. Also we don't want the manufacturer name reflects in any of the documents to the foreign Buyers.

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