https://www.taxtmi.com/forum/issue?id=115075 Question concerns payment and compliance where an Indian intermediary sources goods from China for direct export to a UK buyer, effects a bill-of-lading switch at origin, receives advance and balance payments from the UK buyer in India, and remits the supplier in China; the issue is whether a Bill of Exchange is required and how banks and RBI rules treat receipt and outward remittance in such triangular shipment arrangements. en-us Fri, 14 Jun 2019 16:40:33 +0530 Thu, 23 Jan 2025 15:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115075 Question concerns payment and compliance where an Indian intermediary sources goods from China for direct export to a UK buyer, effects a bill-of-lading switch at origin, receives advance and balance payments from the UK buyer in India, and remits the supplier in China; the issue is whether a Bill of Exchange is required and how banks and RBI rules treat receipt and outward remittance in such triangular shipment arrangements. Discussion-Forum Customs Fri, 14 Jun 2019 16:40:33 +0530 https://www.taxtmi.com/forum/issue?id=115075