Export to Customer's Customer.

[Pradeep Jain]

Dear Sir,

We have got an Export Order from Switzerland for supply of components .

After that the said components would be exported by our Customer to USA.

But due to short of time our Customer situated at Switzerland wants to export directly from our place to USA instead of import the said goods at Switzerland then export to USA.

In that case our Customer wants to prepare the document ( Export Invoice , ARE-1 and shipping Bill on the price ) on the price charged by him to USA Customer.

But We will get our Export price on the basis of our price.

Query is that:-

1) Is it possible to export on the price of our customer which is higher?

2) When we will get less payment then , what will be procedure to close the Export Documents like gap between amount mentioned in the Shipping bills and actual amount received.

Kindly advise.

Regards

Pradeep Jain

AI Summary

Export to customer's customer: invoice and shipping documents must reflect the seller's accepted value; intermediary handles remittance.
Export directly to the ultimate consignee is permissible if the exporter's ARE 1, commercial invoice and shipping bill reflect the value and parties accepted with its immediate customer (Bill To/Ship To distinction) and foreign exchange is realized into India per RBI rules. Where the intermediary handles post shipment documents, the exporter sends documents to the intermediary's banker; the intermediary may substitute its own commercial invoice and bill of exchange reflecting resale terms, remit proceeds to the exporter, and retain any agreed commission.