Export-Import

Can we import some material with out having Import Export Code?

-          I understand that answer is yes, then in this case what are the implication?
-          Do we pay the same duty as per the %s defined in Import duty manual?
-          Do we also pay some penalty over and above the Import duty?
Replies (3)

it will be better to go through the following links.

https://www.infodriveindia.com/IEC-Code/Default.aspx

 

you will get almost all your answers.

Such import is allowed for personal purposes/not commercial quantity. Rate of duty remains the same.

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