Post by: Arnold Thomas in Business Startup Import - Export
Valuation of Second Hand Machinery The Government of India has prescribed a methodology to import second-hand machinery from other countries. As the system evolves with new technology and the scope of import, the government has revised the procedures in a…
Post by: Arnold Thomas in Government Initiatives Import - Export
Import Policy of Gold and Silver The Ministry of Commerce and Industry, with its power conferred under Section 3 of the Foreign Trade (Development & Regulation) Act, 1992, has modified Chapter 71 of ITC (HS), 2017, to import Gold and…
Post by: Arnold Thomas in Government Initiatives Import - Export
Steel Import Monitoring System (SIMS) SIMS is a licensing program applicable to steel importers. The Government felt the need to introduce a licensing program which would enable the maintenance of a statistical database recording of all the steel imports entering…
Post by: Arnold Thomas in Import - Export
Procedure to Obtain Sanitary Import Permit As per the regulations by the Ministry of Agriculture, animal products importers in India must obtain a sanitary permit at the customs gate while importing meat and its products, eggs, milk products, pet food…
Post by: Sreeram Viswanath in Import - Export
IGCR Rules 2017 The Customs IGCR Rules 2017, which, when expanded, is the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2017, have been enforced in India from the 1st of July, 2017.…
Post by: Sreeram Viswanath in Import - Export
IDGFT - Director General of Foreign Trade Directorate General of Foreign Trade (DGFT), formerly known as the Chief Controller of Imports and Exports (CCI&E), is India’s official administrating body for imports and exports. It is an attached office of the Department…
Post by: IndiaFilings in Import - Export
Medicine and Drugs Allowed for Import Without a License List of crude drugs required for the manufacture of ayurvedic, unani or any other system of medicine that is allowed for import into India without a license. Click here to find…
Post by: IndiaFilings in Import - Export
Prohibited Items for Import in India Each year, several countries import billions of products into India by air, sea, and road. The Directorate General of Foreign Trade controls all imports and export into India, and Importer Exporter Code (IEC) from…
