TaxTMI 
TaxTMI 
triangular trade
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....riangular trade<br> Query (Issue) Started By: - HEMANSHU SEHGAL Dated:- 25-11-2020 Last Reply Date:- 26-11-2020 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Can you please advise the procedure an....
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....d documentation for triangular trade for sales overseas? if there are three parties involved and two are overseas and one is in India( actual supplier), then how it will work. A gets orders from B a....
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....nd B pays A. A Asks C to supply the material. How will the documentation be done in case C has to supply material directly to B Reply By Spudarjunan S: The Reply: Dear Hemanshu Segal, The transact....
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....ion which you are referring is merchanting trade i.e. goods moving from outside India to a place outside India based upon a supplier in India. Under GST, it is outside the purview of the same. Refer ....
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....sl.no.7 of Schedule III of CGST Act. However, for merchanting trade you have refer the RBI guidelines and FEMA for the repatriation, flow of fund and documents. In case of documentation, in general,....
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.... A would ask the transporter to supply to B from the place of business of C / the place where delivers to the control of A. If C is directly supplying to B, then there would be exposure to the margin ....
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....of A to C. These decisions has to be taken by management based upon their strategies and law applicable in such foreign lands.<br> Discussion Forum - Knowledge Sharing ....