3rd Country Exports

[Tikam Rawat]

We are Manufacturer Exporter having Trading House status would like to 3rd Country Export such as our supplier is based in Turkey and customer in USA

-Is it possible we have to export directly from Turkey to USA

-If yes, how can we remit the sale proceeds to our supplier in Turkey since there will be no Import Bill of Entry

-How we can adjust the inward remittance since there will be no value added Shipping Bill

-What will be the norms of RBI

AI Summary

Manufacturer Exporter Queries Third-Country Export Process from Turkey to USA; Must Follow RBI Rules for Remittance A manufacturer exporter with Trading House status inquires about the feasibility and process of conducting third-country exports, specifically exporting directly from Turkey to the USA. The main concerns include remitting sale proceeds to the Turkish supplier without an Import Bill of Entry and adjusting inward remittance without a value-added Shipping Bill. A response advises that such exports are possible but must adhere to RBI regulations, including receiving payment from the USA buyer before remitting to the Turkish supplier, ensuring value addition, and obtaining an Inward Remittance Certificate from the bank.