TaxTMI 
TaxTMI 
Import of final goods
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....mport of final goods<br> Query (Issue) Started By: - saket s Dated:- 23-7-2019 Last Reply Date:- 20-5-2020 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Hello Experts, Our raw material supplier i....
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....s in country 'A', the raw material is required for manufacturing a final goods in country 'B' by another supplier. We wish to directly ship the raw material from 'A' to 'B' without bringing the raw ma....
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....terial into India. Raw material is not traceable in the final product to be imported from country 'B'. Payment to be made to supplier in country 'A' even before we get the part from country 'B'. Can w....
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....e pay without having bill of entry for goods importation from country 'A'. What should be the valuation when part is imported from country 'B'. Kindly help by clarifying the procedures to be followed ....
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....and applicable FEMA/Customs conditions to be adhered. Saket Reply By YAGAY andSUN: The Reply: You can pay in as advance to the supplier of Country A. Please write to Customs Department and to you b....
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....anker about this transaction and get it done on Bill to you and Ship to B. The Customs duty will be paid on the total value of goods as manufactured by B. Submit the complete chain of documents to the....
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.... Banker and Customs Department.<br> Discussion Forum - Knowledge Sharing ....