what does indirect export mean?????????
can a party selling goods to a customer in india raise its invoice in foreign currency if the purchaser is exporting the goods as it is?????
2 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 03 November 2011
when a manufacturer clears goods to "merchant exporter" for onward supply of said goods to foreign buyer, through customs route, the said clearance is called indirect export in hands of manufacturer.
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 03 November 2011
Indirect export means export through merchant exporter. Invoice to Indian buyer though he is merchant exporter , can not be in FE terms.
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