TaxTMI 
TaxTMI 
Import of educational material - FDI
12 Apr 2010 
4 Replies 
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Import of educational material may constitute trading; classification determines FDI permissibility and foreign trade policy compliance.
Importing and selling packaged educational materials is distinct from permission for 100% FDI: if the sale is an independent commercial sale it will be a trading activity, imports must comply with the Foreign Trade Policy, and where the company's main objects permit trading/import and 100% FDI is permissible under the automatic route for those activities, the import and sale are not precluded; direct provision of education remains regulated and not treated as commercial for FDI. (AI Summary)
Importing and selling packaged educational materials is distinct from permission for 100% FDI: if the sale is an independent commercial sale it will be a trading activity, imports must comply with the Foreign Trade Policy, and where the company's main objects permit trading/import and 100% FDI is permissible under the automatic route for those activities, the import and sale are not precluded; direct provision of education remains regulated and not treated as commercial for FDI. (AI Summary)
Can a Company wilth 100% FDI, engage itself into importing educational material ( in a pack containing the books & CDs)and selling to schools in numbers equivalent to the no. of students in the class ( one Pack per student)for a price per pack ?? Please clarify.