Friday, 28 July 2017

What are the Import Procedures in India?

 Import goods for commercial purpose has to submit an application to the Directorate General of Foreign Trade and obtain Importer and Exporter Code (IEC) number.
He should also have GST number in order to Import for Trade.
PAN Card and Additional ID or Address proof may be required for KYC Purposes.
Import Filling procuderes involves:
2. Filling of Commercial Invoice
3. Submitting Air waybill or Bill of Landing
4. Bill of Exchange
5. Country of Origin
6. Packing List and Cargo Inpection
7. Letter of Credit or TT