https://www.taxtmi.com/forum/issue?id=5154 Use of an intermediary to effect imports for a third party purchaser is constrained by customs rules that fix the importer of record shown in the IGM and the Bill of Entry, and by FEMA considerations for foreign reimbursements. An intermediary cannot lawfully substitute its IEC to create a Bill of Entry in another party's name without addressing these formalities. If an agent will pay duties and obtain reimbursement, a clearly drafted agency or work order linking the agent to the principal's order and specifying payment and reimbursement terms is essential, and parties must ensure customs filings and cross border remittances comply with law. en-us Tue, 08 Jan 2013 10:29:47 +0530 Thu, 23 Jan 2025 15:57:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5154 Use of an intermediary to effect imports for a third party purchaser is constrained by customs rules that fix the importer of record shown in the IGM and the Bill of Entry, and by FEMA considerations for foreign reimbursements. An intermediary cannot lawfully substitute its IEC to create a Bill of Entry in another party's name without addressing these formalities. If an agent will pay duties and obtain reimbursement, a clearly drafted agency or work order linking the agent to the principal's order and specifying payment and reimbursement terms is essential, and parties must ensure customs filings and cross border remittances comply with law. Discussion-Forum Customs Tue, 08 Jan 2013 10:29:47 +0530 https://www.taxtmi.com/forum/issue?id=5154