Dear Sir,
Recently we opened a trading company in Bengaluru, and taken IEC code also, I want to clarify few things
1) what are the documents and the procedure to become Merchant Exporter
2) If buy Goods directly from the Manufacturer and exporting what are the advantages (vat and any other govt charges)
3) if I buy goods from the Local distributor or a stockist and exporting what are the advantages (vat and any other govt charges)
Thanks
Guidance Sought on Merchant Exporter Procedures, Document Requirements, and VAT Benefits for Direct Manufacturer Purchases A trading company in Bengaluru recently obtained an IEC code and seeks guidance on becoming a Merchant Exporter. They inquire about the necessary documents and procedures, and the advantages related to VAT and government charges when purchasing goods directly from manufacturers versus local distributors or stockists for export. The response directs them to a book titled 'Export Import Made Very Easy' for comprehensive answers and offers further assistance. (AI Summary)