Direct dispatch of export documents to buyer

 

 

Indian Union Budget 2016-17, Budget speech pdf .  Click here to read

Can an Exporter send export documents to importer directly by courier without through bank?



Direct dispatch of export documents to buyerBanks should normally dispatch shipping documents to their overseas branches/correspondents expeditiously. However, they may dispatch shipping documents direct to the consignees or their agents resident in the country of final destination of goods in cases of Advance Payment or Irrevocable Letter of Credit or in certain cases as detailed in the Master Circular. Status Holder Exporters and SEZ units may be permitted by the bank to dispatch the export documents to the consignee subject to certain conditions

 

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Sajid : Do you require any excise registration for import of goods .

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