Import & Exports
Import & Export transactions come with complex tax issues of customs duty, VAT, subsidies, FEMA. Non compliance's could result in the confiscation of goods, freezing of bank accounts, hefty fines, and criminal charges. Hence, effective management of tax and remittances related matters are necessary for any import and export transactions.
At Outright, we help our Clients regarding linking of TRN number and import codes, managing customs duty and VAT impacts, supporting subsidy submissions, and managing export proceeds as per FEMA.