Export
This query is : Resolved
20 March 2013
A Company (in India) didn't import the goods, but sold directly from the supplier to an overseas customer.
The foreign exchange with respect to that came to the bank account of India operation
Can they treat it as Export Sale?
Arun
The foreign exchange with respect to that came to the bank account of India operation
Can they treat it as Export Sale?
Arun
22 March 2013
Export means taking goods out of India to a place outside India (Section 2(18)) of the Customs Act 1962).
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