Import export licence

what are the procedures for the importing of certain electronic items for the pupose of selling in India.

Assessee is a Private Limited Company

 

1.What are the documents required ofr that?

2.how much time nd what is the approximate cost for that?

 

Replies (4)

Dear Rakesh,

1. First and foremost thing required for importing anything to India is IEC code, Import Export Code, if you don't have it, need to apply to DGFT and obtain it, thereafter you also need to get the IEC registered at the port import, prior to import of consignments.

2. If you import by AIr mode - transit may take 2-5 days, In sea mode it may take 25 to 30 days

3. Cost- you can get in touch with any forwarder, will give you the costing

 

 I am agree with Rama Krishnan

 

AS PER PARA 2.8 OF HAND BOOK OR PROCEDURES VOL-1(2009-2014 EXPORTER IMPORTER ARE EXEMPT FROM IEC CODE IF THEY ARE IMPORTING / EXPORTING FOR PERSONAL USE / AGRICULTURE PURPOSE.

IN YOUR CASE MR RAKESH IEC CODE IS MANDATORY FOR FURTHER INFORMATION COMPLIANCES IS AVAILABLE IN BELOW MENTIONED LINK:

  • Introduction

  • Bill of Entry

  • Amendment of Bill of Entry

  • Green Channel facility

  • Payment of Duty

  • Prior Entry for Shipping Bill or Bill of Entry

  • Specialized Schemes

  • Bill of Entry for Bond/Warehousing

 

AS PER PARA 2.8 OF HAND BOOK OR PROCEDURES VOL-1(2009-2014 EXPORTER IMPORTER ARE EXEMPT FROM IEC CODE IF THEY ARE IMPORTING / EXPORTING FOR PERSONAL USE / AGRICULTURE PURPOSE.

IN YOUR CASE MR RAKESH IEC CODE IS MANDATORY FOR FURTHER INFORMATION COMPLIANCES IS AVAILABLE IN BELOW MENTIONED LINK:

  • Introduction

  • Bill of Entry

  • Amendment of Bill of Entry

  • Green Channel facility

  • Payment of Duty

  • Prior Entry for Shipping Bill or Bill of Entry

  • Specialized Schemes

  • Bill of Entry for Bond/Warehousing

REGARDS,

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