Order is received from Foreign & payment is also to be received in Foreign Currency. But goods are to be supplied in India.
Whether it constitute Export or not?
2 Replies
CA Ganesh Agarwala
(Audit Senior Manager)
(239 Points)
Replied 04 June 2012
dear sumiti,
its not cosidered to be export under indian custom act.
regards
ganesh agarwala
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