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Export Sales

guna ch

Dear Experts

Kindly suggest me what is procedure of export sales , is there any material regarding this....plz send me

 

Thanking You

 

Export compliance: follow customs procedures, RBI foreign exchange rules, correct documentation, LCs and Incoterms for lawful exports. Export sales require compliance with customs and export formalities as set out in the CBEC Manual Chapters 7 and 8, supported by central bank master circulars and foreign exchange law; practitioners must maintain proper documentation, use appropriate payment instruments such as letters of credit, apply Incoterms to allocate risk and follow place of supply and import-export manuals for procedural and reporting obligations. (AI Summary)
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JAMES PG on Dec 14, 2012

Refer CBEC Manual Chapters 7 & Chapter 8

YAGAY andSUN on Dec 14, 2012

In addition to the reply of Mr. James, following aspects relating to your query may be helpful, namely:-

  1. Master Circulars issued by RBI regarding import/export of goods and services.
  2. FEMA Provisions
  3. Information regarding LCs
  4. INCOTERMS 2010
  5. Place of Provisions Rules
  6. Import Export Manuals

 

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