Hello Sir,
We have one client in base Switzerland and he want to buy software licenses from india, my question is that if i import the software licenses from Singpore to india, and then i export the same to Switzerland, what documents we required and what taxes and duty will be applicable on both import and export transection, also i want to know can we do software import and the same can export.
Software License Cross-Border Transaction: Navigating Complex Import-Export Compliance, Customs Regulations, and Documentation Requirements A Swiss client seeks to import software licenses from Singapore to India and then export to Switzerland. Key considerations include verifying SCOMET list restrictions, executing appropriate agreements, declaring correct customs value, obtaining CA certificates for non-physical imports, paying applicable customs duties and taxes, and complying with SOFTEX form requirements. Duty drawback and tax refund options may be available depending on import-export transaction structure. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
