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new policy will be announced on 1-4-2001. please look for detailed report on the same on or after 1-4-01.
k.t.desai. |
| LIST OF DOCUMENTS REQUIRED FOR IMPORT CLEARANCE |
| Invoice |
| Importer code no |
| Cert. of Origin |
| Packing List |
| Letter of Credit Copy |
| Insurance Premium Memo |
| Bill of Lading Copy |
| Indent Copy |
| Income Tax Permanent Account Number. |
| Litereature / Catalogue / Write-up |
| Original Documents |
| "N" Form / UT duty signed and Stamped |
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Customs declaration as required duly signed & stamped. Importer code number and Income Tax Permanant Account Number is a must for all Importer
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| LIST OF DOCUMENTS REQUIRED FOR EXPORT CLEARANCE |
| Invoice |
| Packing List |
| Contract |
| Purchase order letter of credit |
| GR Form |
| Test Certificate or sample or write up on item to the best of your ability |
| A.R.4 Form |
| Your bank name and address |
| FIEO certificate Copy |
| R.C.M.C Certificate copy |
| Declaration of export |
| Application numbers for DEPB and its receipt in original. |
| Declaration of DEPB Export |
| DEPB Schedule mentioning rate at which credit to be applied |
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For export through Nhava Sheva "No" Octroi papers required. Exports through Mumbai the following papers required for passing "N" Form : Invoice, AR4 Form, Shipping Bill Copy, and L/R copy if any.
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| REQUIRED DOCUMENTS FOR REGISTRATION OF 100% E.O.U SCHEME |
| Letter of Indent with list of capital goods duly approved by board approvals alongwith the copy of the application made to the board of approvals. |
| Green Card. |
| License under sec. 58 of custom act. 1962 or private bonded warehouse. |
| License under sec 65. Of custom act, 1962 of manufacturing of good in bond. |
| IEC Code number Certification |
| Copy of Legal undertaking submitted to the development Commissions showing the detailed list raw material, Spares, components capital goods etc. |
| Copy of notification issued under sec.9 of Customs Act, declaring the place of warehousing station. |
| PAPERS REQUIRED FOR CLEARANCE UNDER 100 % EOU. |
| B-17 Bond Certificate for central exas (anz “A”). |
| Other documents required, as per the list mentioned in import document list. |
| IMPORTANT POINTS FOR IMPORT CLEARANCE |
| Please ensure you are registered with EDI system of customs. If required modvat claim declaration for central excise to be submitted to customs. |
| 24% interest on unpaid duty is levied after assessment procedure by customs. |
| 24% Interest is levied after six months of completion of bonding period for warehoused goods. |
| Procurement of proof on valuation of import goods to the satisfaction of customs. |
| Importer code number auto. |
| Incom tax permanant account number is a must for all importer. |
| IMPORTANT POINTS TO NOTE FOR EXPORT CLEARANCE |
| Name of Commodity. |
| Nature of Commodity whether hazardous or requires special handling. |
| Quantity Of Cargo. |
| Volume of cargo in total: M3 or size of Package: with nature of packing. |
| Value of good: FOB US $ or Rs. |
| Approximate fare. |
| If export under DEEC/DEPB/ Drawback : Its application receipt copy and the rate schedule as per reading. |
| REQUIRED DOCUMENTS FOR DEEC CLEARANCE |
| Advance License Custom copy. |
| DEEC Book Part I. |
| DEEC Part II. (Photocopy Attested) |
| Shipping Bills copies |
| Chartered Engineers Certificate if any. |
| Export Test Report if any/catalogue/sample to prove Nexus between Import and Export. |
| Modvat certificate/AR 4 forms to show no modvat availed. |
| If E.O. is expired (in case of prior imports) then PI. submit all shipping bills or to produce E.O.Extension from L/A. |
| LIST OF DOCUMENTS FOR DEEC EXPORT LOGGING / AUDITING |
| Original DEEC book part II (Export) with entries of expert in part “f”. |
| Original copy of Advance Licence. |
| Customs Attested DEEC copy of the S/Bills with P.O.’s endorsement and examination report. |
| Customs attested copies of invoice, packing list. |
| Original (Non-negotiable) copy of Bill of Lading |
| Copy of relevant AR4/AR4-A with declaration regarding non-availment of various Central Excise benefits and Certification thereof by the C. Ex. Superintendent. |
| Original copy of test report/technical opinion/Chartered Engineer’s Certificate. |
| Copy of C.Ex. Certificate work regards non-excisable/non-dutiable goods. |
| In case of export effected from Ports other than Mumbai, copies documents as per S. No. 3, 6, & 8 above. |
| Any other relevant document. |
| PAPERS REQUIRED TO FILE "DRAWBACK " CLAIM |
| Copy of Shipping Bill. |
| Copy of Invoice. |
| Copy of Bill of lading or airway bill. |
| Description and quantity of goods exported. |
| “Drawback” sub-serial No. |
| F.O.B. Value & present market value of goods. |
| Calculation of “Drawback” claim (Worksheet Attached) |
| Indicate whether the claim is as per brand rate. |
| Brand rate letter no. & date and its validity period. |
| Indicate particulars of test report & test bond. |
| No of enclosures* |
| IMPORTER EXPORTER CODE NUMBER |
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NO EXPORT OR IMPORT SHALL BE MADE BY ANY PERSON WITHOUT AN IMPORTER EXPORTER CODE (IEC) NUMBER. |
| DUTY EXEMPTION SCHEME |
| IT ENABLES IMPORT OF INPUTS REQUIRED FOR EXPORT PRODUCTION. |
| BASIC CUSTOM DUTY, SURCHARGE, SPECIAL ADDITIONAL DUTY AND ADDITIONAL DUTIES ARE EXEMPTED. |
| PRIOR IMPORTS OR PORT IMPORTS ARE POSSIBLE. |
| THREE TYPE |
| FOR PHYSICAL EXPORTS / INTERMIDIATE EXPORTS / DEEMED EXPORTS. |
| SUCH LICENCES SHALL NOT BE MADE TRANSFERABLE EVEN EXPORTS COMPLETED. |
| LICENCES ISSUED AS PER SION ISSUED BY DGFT. |
| ADVANCE LICENCE FOR DEEMED EXPORTS |
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LICENCES ISSUED FOR SUPPLY TO PROJECT AUTHORITIES AS SPECIFIED IN POLICY; GOODS ARE MANUFACTURED IN INDIA AND SUPPLIED TO VARIOUS CATEGORIES OF PROJECTS/ EXPORTERS.
BASIC DUTY, SURCHARGE, SPECIAL ADDITIONAL DUTY AND ADDITIONAL DUTY IS EXPEMPTED. ANTIDUMPING DUTY IF ANY IS TO BE LEVIED. |
| ADVANCE LICENCE FOR INTERMIDIATE SUPPLY |
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LICENCE ISSUED TO MANUFACTURER- EXPORTER FOR THE IMPORT OF INPUTS REQUIRED IN THE MANUFACTURE OF GOODS TO BE SUPPLIED TO ULTIMATE EXPORTER/ DEEMED EXPORTER HOLDING ANOTHER ADVANCE LICENCE.
GOVT. OF INDIA HAS PERMITTED IMPORTS WITHOUT ANY RESTRICTION OF CAPITAL GOODS, RAW MATERIALS, INTERMEDIATES, COMPOUND, CONSUMABLES, SPARES PARTS, ACCESSORIES, INSTRUMENTS AND OTHER GOODS BY ANY PERSON. [THERE ARE CERTAIN ITEMS WHICH A SPECIFIC AS PER POLICY.] |
| DFRC (DUTY FREE REPLENISHMENT CERTIFICATE SCHEME) |
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NEWLY INTRODUCED SCHEME UNDER POLICY 2000-2001. DFRC ISSUED TO MERCHANT AND MANUFACTURER EXPORTER AFTER COMPLETION OF EXPORT OF SION ITEMS. BASIC DUTY SURCHARGE, AND SPECIAL ADDITIONAL DUTY IS EXEMPTED. ADDITIONAL DUTY TO BE PAID. THE LENGTHY PROCESS OF AUDITING / LOGGING IN DEEC IS DONE AWAY WITH. NEXUS TO BE VERIFIED ARE THE TIME OF IMPORTS. |
| SECOND HAND CAPITAL GOODS |
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IMPORT OF SECOND HAND CAPITAL GOODS WHICH ARE NOT MORE THAN 10 YEARS OLD IS ALLOWED TO BE IMPORTED WITHOUT OBTAINING ANY LICENCE ON SURRENDER OF SIL EQUIVELENT TO 5 TIMES THE CIF VALUE OF IMPORTED CAPITAL GOODS. |
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MOST POPULAR SCHEME AMONGST EXPORTERS DUTY CREDIT IS GRANTED AGAINST EXPORT PRODUCT. CREDIT IS GRANTED AS A PERCENTAGE OF FOB VALUE OF EXPORTS MADE IN FREELY CONVERTIBLE CURRENCY. OPTION IS GIVEN FOR PAYMENT OF ADDITIONAL DUTY IN CASH OR OTHERWISE. |
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UNITS UNDERTAKING TO EXPORT THEIR ENTIRE PRODUCTION OF GOODS AND SERVICES.
EOU/EPZ MAY IMPORT WITHOUT PAYMENT OF DUTY ALL TYPES OF GOODS, INCLUDING CAPITAL GOODS AND SECONDHAND CAPITAL GOODS REQUIRED BY IT FOR MANUFACTURE, SERVICES, TRADING.
LEASING OF CAPITAL GOODS ON THE BASIS OF FIRM CONTRACT BETWEEN PARTIES, SOURCE THE CAPITAL GOODS FROM A DOMESTIC/ FOREIGN LEASING COMPANY IS POSSIBLE FOR EOU’S.
FOR EOU / EPZ THE IMPORTS ARE TOTALLY DUTY FREE. |
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GOVERNMENT IS PROJECTING FOR HIGH GROWTH OF 25% IN EXPORTS. MUCH POTENTIAL AND THRUST IS TO BE GIVEN BY ENTREPRENEURS AND MANUFACTURERS ON THE ISSUE.
EXPORTS OF ALMOST ALL THE ITEMS ARE FREELY PERMITTED.
EXPORTS DATAS AVAILABLE WITH OUR OFFICE.
EXPORT UNDER VARIOUS SCHEME GIVES DIFFERENT BENEFITS TO EXPORTER. |
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The above Information provided is only for guidance and not exhaustive as Goverment policies and notification change from time to time. Please contact us for latest information and details |
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