DOMESTIC DESPATCH BUT ORDER RECEIVED FROM FOREIGN COMPANY

05 Nov 2012

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Deemed export benefits may apply to domestic dispatch under a foreign purchase order, enabling terminal excise duty relief.
The transaction-domestic supply to an Indian consignee under an order and payment from a foreign buyer with documentation in the foreign buyer's name-can be treated as a deemed export, permitting the supplier to claim terminal excise duty benefits, subject to meeting the procedural and documentary conditions for deemed export treatment. (AI Summary)

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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DOMESTIC DESPATCH BUT ORDER RECEIVED FROM FOREIGN COMPANY