Recapitulate of what I discussed with your Finance and the latest tele-
conversation with you , the first three lots which is inclusive of April
billing will be under the condition that Metco absorb VAT . Hence , the
April Receipt issued by Metco will remain VAT on it .
Starting from next shipment onwards , Metco will issue invoice with zero
VAT
to Metech , then Metech will use this invoice for payment settlement .
Also,
Metech is responsible for Export Customs Declaration Process ( Under Non
BOI
Category) . Once the process was done , the copy of Export Entry (Status
04)
will be sent to Metco for Zero VAT reference . All the expenses for
handling
and Customs process of the shipment will be borne by Metech .
Please review and let me know whether the above is agreed or not .