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Billing india,buying Hong Hong to selling indonesia

p parthiban
  1. Clarify: I have to buy goods in HK, sell in INDONESIA, Payment is in USD. Buyer and Seller handle USD, please let me know if i can ship the goods from HK to Indonesia directly, billing from INDIA> What is the process? Can it Possible  ? Please  let me know Sir.
Bill-to-ship-to transactions preclude export promotion benefits where the seller does not physically export the goods, despite direct shipment. The arrangement is a bill-to-ship-to transaction: invoicing from India while goods are shipped from Hong Kong to Indonesia means the Indian seller does not effect a physical export and therefore cannot claim export promotion benefits. Commercially the shipment is possible; shipping documents should list the Indonesian buyer as consignee and the seller as notify party, but this documentation does not change eligibility for export incentives. (AI Summary)
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YAGAY andSUN on May 22, 2012

It will constitute bill to ship to transaction with no export promotion benefit to you since goods are not being moved out of india in physical condition.

kamal chordia on May 23, 2012

yes it is possible

kamal chordia on May 23, 2012

In bill of lading you must mentioned notify party as your self and in consignee mentioned the name of indonesia party

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