ACCOUNTANT
762 Points
Joined January 2012
If you want to import items from the china. You need following registrations ie.
1- IEC Registraion
2- VAT Registration
3- Collect the details about item, is there is any problem in importing of the goods. is there is any restriction and Anti dumping Duty for that product.
4- Open a bank account for the payment of the party.
5- Find the Better liner to your needed Port. (every liner have different seafrieght amount. and other rates)
6- use the LC for the import, by this you can get the item wihout loading on item rate. (sometimes customs load the importing product rate)
7- Understand the product HS Code and its impact in Vat and customs. Use proper HS code. other wise, we will pay more
8- Study about Port. (liner's Do charge is different in different location)(some type of charges can avoide by proper port.
9- Find the good CHA in that port.
10- Track the container about its arrival.
11- Take the container before its free days end.