Procedure of import of goods

This query is : Resolved

Sunil Kumar (Querist)
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20 August 2011 Sir/Mam

Please clearify me the procedure of Improt of Goods with document whatever is complete at the time of import form Consignor to Custom & how to release our goods form custom.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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20 August 2011 Imports to India are governed by the Foreign Trade (Development and Regulation) Act 1992 (External website that opens in a new window). Under this Act, imports of all goods are free except for the items regulated by the policy or any other law in force. The present, foreign trade arrangements for different commodities are stated in the EXIM Policy of 2004-2009 (External website that opens in a new window). This policy is announced once every five years with annual supplements coming out every year. It is also known as the Foreign Trade Policy or Export Import Policy.

Items on the 'Prohibited' list like tallow, fat or oils of any animal origin, animal rennet and wild animals including their parts and products and ivory cannot be imported. For import of items that appear in the 'Restricted' list you need secure an import licence. Import of items that are enumerated in the canalised list of items are permitted to be imported through canalising Agencies. All other products can be freely imported.

Registration with a regional licensing authority is a precondition for the import of goods. Customs officials will not permit clearance of goods unless the importer gets an Import Export Code (IEC) number from the regional licensing authority.

LINKS ARE FOR MORE INFORMATION:

http://www.indiandata.com/import_procedures.html

http://www.nfpl.net/pdf/procedure%20for%20import%20and%20export.pdf

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