EXPORT IMPORT PROCEDURES & DOCUMENTATION

ROAR GROUP

VIKAS P. MISHRA 129 RAKESH S. AMIN 125 OMKAR A. SHINDE 89 AZHAR N. SHAIKH 90 RAHUL N. TAKALE 91 ROGER Y. PETER 88 UMESH S. DASONI 130

IMPORT PROCEDURE INTRODUCTION PRE-IMPORT PROCEDURE LEGAL DIMENSIONS OF IMPORT

DOCUMENTS RETIREMENTS OF IMPORT DOCUMENTS CUSTOMS CLEARANCE FOR IMPORTED

GOODS WAREHOUSING OF IMPORTED GOODS EXCHANGE CONTROL PROVISIONS FOR

IMPORTS

INTRODUCTION

IMPORT BUSINESS

IMPORTING GOODS

GOVERNING BODY

PRE-IMPORT PROCEDURE

SELECTING THE COMMODITY SELECTING THE OVERSEAS SUPPLIER CAPABILITY & CREDITWORTHINESS OF

OVERSEAS SUPPLIER ROLE OF OVERSEAS SUPPLIERS AGENTS IN

INDIA INQUIRY, OFFER & COUNTER-OFFER

LEGAL DIMENSIONS OF IMPORT PROCEDURE

FINALISATION OF THE TERMS OF CONTRACT MODE OF PRICING & INCO TERMS MODE OF SETTLEMENT OF PAYMENT OBTAINING IEC NUMBER OBTAINING IMPORT LICENCE OBTAINING FOREIGN EXCHANGE ARRANGING FINANCE FOR IMPORT OBTAINING IMPORT L/C LIMIT DESPATCHING LETTER OF CREDIT

FORMAT OF IMPORTER-EXPORTER CODE(IEC) NUMBER

FORMAT OF IMPORT LICENCE

FORMAT OF LETTER OF CREDIT(L/C)

RETIREMENT OF IMPORTDOCUMENTS

LOADING OF GOODS & RECEIPT OF

SHIPMENT ADVICE RETIREMENT OF IMPORT DOCUMENTS ACCEPTANCE OF BILL OF EXCHANGE SCRUTINY OF DOCUMENTS RECEIVED

UNDER L/C APPOINTMENT OF C&F AGENT

CUSTOMS CLEARANCE FORIMPORTED GOODS

IMPORT MANIFEST ENTRY IN THE IMPORT DEPARTMENT OF

CUSTOMS HOUSE PRESENTATION OF BILL OF ENTRY FOR

APPRAISAL CLEARANCE OF GOODS WAREHOUSING THE GOODS IMPORT FOLLOW-UP

WAREHOUSING OF IMPORTEDGOODS

WAREHOUSING STATIONS STORAGE PERIOD OF WAREHOUSING

GOODS RATE OF INTEREST ON CUSTOMS DUTY IN

CASE OF BONDED GOODS RECOVERY OF DUTY ON BONDED GOODS

EXCHANGE CONTROL PROVISIONS FOR IMPORTS

SECTION A – INTRODUCTION

SECTION B – GENERAL GUIDELINES FOR IMPORTS

1. General Guidelines

2. Form A-1

3. Import Licenses

4. Obligation of Purchase of Foreign Exchange

5. Time Limit for Settlement of Import Payments

SECTION C – OPERATIONAL GUIDELINES FOR

IMPORTS

Advance Remittance for Import of Goods