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WWW.howtoexportimport.com RBI/201314/545 March 28, 2014, A.P. (DIR Series) Circular No.115 To All Category I Authorized Dealer Banks Madam / Sir, Enchanting Trade Transactions Revised guidelines Attention
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What is merchanting trade transactions?
Merchanting trade transactions are a type of trade where goods are purchased by a party (the merchant) from one country and sold to another party in a different country without the goods entering the merchant's country.
Who is required to file merchanting trade transactions?
The parties involved in the merchanting trade transactions, such as the buyer, seller, and the merchant, are required to file the transactions.
How to fill out merchanting trade transactions?
To fill out merchanting trade transactions, parties need to provide details about the goods being traded, the countries involved, the value of the goods, and any other relevant information.
What is the purpose of merchanting trade transactions?
The purpose of merchanting trade transactions is to facilitate trade between countries and allow parties to profit from price differences in different markets.
What information must be reported on merchanting trade transactions?
Information such as the description of the goods, the countries involved, the value of the goods, and any payment terms must be reported on merchanting trade transactions.
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