FOC Export

[mk Jain]

Dear Team

We need to supply the goods on FOC basis to Foreign Customer at Iraq Sites on trial basis for a period of 3-4 months for geeting the order in future from their site. What is the modelity/process we need to do.

MK

AI Summary

Guidelines for Supplying Goods Free of Cost to Iraq: Shipping Bill, GR WAIVER, and ATA Carnet Options Discussed A participant in a discussion forum inquired about the process for supplying goods on a Free of Cost (FOC) basis to a foreign customer in Iraq for trial purposes. Responses advised filing a shipping bill as FOC, obtaining a GR WAIVER, and having the FOC invoice endorsed by a bank. It was noted that these goods are not considered exports under GST. Upon reimport, a zero import duty may apply under Notification No. 45/2017, serial no. 5. Another suggestion was to use an ATA Carnet for such transactions.