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Issue ID: 4611
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Third Party Export

Date 29 Aug 2012
Replies 2 Replies
Views 14515 Views
Third party export: counts toward export obligation if contractual tie, shipping bill disclosures and joint liability declarations are present.
Third party exports can be counted toward discharge of export obligations under DEEC/EPCG and related schemes provided specified conditions are met: a contractual agreement between the licence holder and third party, shipping bills and export documents prominently indicating third party involvement and jointly signed, and a joint and several liability declaration on the shipping bill; past cases may be regularised on satisfactory proof. FTP provisions likewise permit third party exports with export documentation reflecting both manufacturer and third party exporter. (AI Summary)

Please note that we are manufacturer exporter having Direct Export sales as well as third party export sales. 

While calculating average export performance of preceeding year are we add third party export for the purpose of average export OR ONLY Direct export and merchant export is added for the purpose of average export performance.

Please clarify the matter and if there is any notification in support of abiove let me know the ref no.

Kamal

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