12 December 2011
we are a australian co. having registered liasion office in india, & have imported certain items for use of our customers. the items are imported through courier mode as we are yet to register our 100% subsidiary indian company & thereafter obtain the IEC for importing through cargo mode. In view of the above, how do we go about declaring to the customs for clearence without incurring any penalty charges? kindly advise on mode of import without incurring additional cost of penalty till we obtain the IEC code?
CAclubindia
