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?
Sumiti Jain (FP) (1364 Points)
04 June 2012Order 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?
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
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
