Service Overview
Whenever an individual or entity (exporter) makes an export on the behalf of another individual entity or individual (exporter or manufacturer), it is called third-party exports. In such cases, export documents such as shipping bills shall indicate name of both exporter and third-party exporter. BRC, GR declaration, export order and invoice should be in the name of third-party exporter.
Foreign Inward Remittance Certificate (FIRC) is the legal document that shows that a certain individual or entity has received a remittance from outside the country. During third-party exports, the FIRC is furnished in the name of the said exporter instead of the actual manufacturer/exporter of the shipment.
An assessee who supplies goods and services may not have the infrastructure to undertake the export. Hence, the assessee may utilise the services of an intermediary for carrying out the export transaction. The intermediary is known as the third party exporter. The supplier of the exported goods and services is known as the manufacturer exporter.
Rudder Logistics India Pvt. Ltd. refers to those transactions in which the goods supplied do not leave the country and the payment for such supplies is received either in Indian rupees or in free foreign exchange.
exports made by an exporter or manufacturer on behalf of another exporter. In such cases, export documents such as shipping bills etc. shall indicate the name of both the manufacturing exporter/ manufacturer and third-party exporter.
How Third-Party export works:
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The third-party exporter obtains export order from final buyer(importer).
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After obtaining a purchase order from an overseas buyer, a third-party exporter provides a purchase order to the manufacturer exporter at a lesser price.
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Manufacturer exporter despatch goods to third-party exporter.
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The third-party exporter then pays the value of goods to the manufacturer exporter as per agreement and the value of goods is then paid in foreign currency to the manufacturer exporter.
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After getting delivery of goods from manufacturer exporter exports those goods in his name and obtains foreign exchange from overseas buyer(importer).
Frequently Asked Question
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What is third country shipment?
Third country export is the export of goods from India to a country that is not the destination country. For instance, if a business in India exports goods to the USA via Dubai, it is considered a third country export because Dubai is not the destination country.
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What is third country trading?
"Third–Country Exports” means exports made by an Exporter in one Country & Arranging Supply from a Third Country to the Importer (Buyer) in Some other Country.
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What is third party in shipping bill?
“Third Party Exports” means exports made by an exporter or manufacturer on behalf of another exporter. In such cases, export documents such as shipping bills etc. shall indicate the name of both the manufacturing exporter/ manufacturer and third-party exporter.
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Do you ship anywhere in the world?
Yes, we have an extensive network of carriers worldwide helping you send your products to any part of the world.
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How do I book a shipment?
We have a hassle-free booking system. All you have to do is
Contact Us or visit any of our offices, and we will guide you through the entire booking process.
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Can I track my shipment anytime?
Yes, we provide real-time updates about your shipment, enabling you to track it easily.
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How much would your services cost?
We offer a range of cost-efficient services to transport your goods. The exact pricing depends on several factors such as the weight, type and destination of your shipment.
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How can I cancel my booking? Is there any cancellation fee?
You can cancel your booking anytime by contacting us. However, you will be charged a cancellation fee based on the status of your booking and our terms and conditions.
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Why should I choose Rudder Logistics India Pvt. Ltd.
We come with over 5+ years of experience in logistics and freight forwarding. Moreover, with an expert, you can save money and time while transporting goods.
