https://www.taxtmi.com/forum/issue?id=119653 Determine if software or license is subject to SCOMET or other restrictions requiring specific import/export authorisations. Use a triparty agreement where client consent exists, otherwise execute separate import and export agreements. Declare accurate value to Customs and the authorised dealer whether software is imported physically or electronically. For non physical imports obtain a Chartered Accountant certificate of receipt. Pay customs duty, cess and IGST on physical imports and claim Duty Drawback under the Customs Act on export; verify HSN classification and export liabilities. Export under LUT or with IGST payment and seek refund via ITC or IGST paid; consider FORM SOFTEX. en-us Thu, 27 Feb 2025 13:30:27 +0530 Wed, 21 May 2025 04:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119653 Determine if software or license is subject to SCOMET or other restrictions requiring specific import/export authorisations. Use a triparty agreement where client consent exists, otherwise execute separate import and export agreements. Declare accurate value to Customs and the authorised dealer whether software is imported physically or electronically. For non physical imports obtain a Chartered Accountant certificate of receipt. Pay customs duty, cess and IGST on physical imports and claim Duty Drawback under the Customs Act on export; verify HSN classification and export liabilities. Export under LUT or with IGST payment and seek refund via ITC or IGST paid; consider FORM SOFTEX. Discussion-Forum FEMA Thu, 27 Feb 2025 13:30:27 +0530 https://www.taxtmi.com/forum/issue?id=119653