https://www.taxtmi.com/forum/issue?id=1487 Where goods are purchased abroad and sold directly to a foreign buyer without entering India, domestic VAT does not apply because the supply occurs outside Indian territory. FEMA does not bar such transactions per se, but outward remittances or foreign exchange outflows tied to the purchase may require reporting or prior approval if they exceed permissible limits under the foreign exchange rules. en-us Fri, 11 Sep 2009 12:19:09 +0530 Thu, 23 Jan 2025 15:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1487 Where goods are purchased abroad and sold directly to a foreign buyer without entering India, domestic VAT does not apply because the supply occurs outside Indian territory. FEMA does not bar such transactions per se, but outward remittances or foreign exchange outflows tied to the purchase may require reporting or prior approval if they exceed permissible limits under the foreign exchange rules. Discussion-Forum Indian Laws Fri, 11 Sep 2009 12:19:09 +0530 https://www.taxtmi.com/forum/issue?id=1487