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Issue ID : 4901
- 0 -

DOMESTIC DESPATCH BUT ORDER RECEIVED FROM FOREIGN COMPANY

Date 05 Nov 2012
Replies1 Answers
Views 982 Views
Asked By

Sir,

We aer Engginering Manufacturing company ( A ) & we have got one Order from USA ( B ) . B company wants to despatch this material to C which is Indian company .

We got order from B in US dollar and paymen also received from B company in dollar . A company all documentation in the name of B company and material supply to C company .

Please guide in this case we have any Excise duty liability and also guide commercial trasaction as per legally .

With Regards,

SNEHAL SHAH

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Replied on Nov 5, 2012
1.

You may cultivate the benefits of deemed export in this transaction and get the benefit of terminal excise duty.

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