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What is the tax rate in India if we offer service as a mediator for import and export (import from one country and export to another) and what are the permissions required to do it?
  1. The transaction referred to in the Query is called a Merchanting Trade or Intermediary Trade.

 

  1. Merchanting trade signifies trading of goods in the international market whereby the subject goods are neither imported into nor exported out of India.

 

In other words, for a...


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