4A.15.8
- Document type
- Procedure
- Dated
Export Against Supply By Foreign Buyer
Export Against Supply By Foreign Buyer
4A.15.8
Exporter may also obtain, in advance, gold / silver / platinum etc. supplied by foreign buyer by furnishing a BG / LUT for an amount equal to international price of such items plus customs duty payable thereon. BG / LUT shall be redeemed only when the exporter has furnished proof of exports to nominated agency and accounted for the use of items supplied in advance in export product.
4A.15.8
Exporter may also obtain, in advance, gold / silver / platinum etc. supplied by foreign buyer by furnishing a BG / LUT for an amount equal to international price of such items plus customs duty payable thereon. BG / LUT shall be redeemed only when the exporter has furnished proof of exports to nominated agency and accounted for the use of items supplied in advance in export product.