Import of Goods Through Post

Import of Goods Through Post The import and export of goods by post are provided by the Postal Department through its Sub-Foreign Post Offices and Foreign Post Offices. Customs facilities for assessment, examination, clearance etc. are available at these Post…

Letter of Credit

Letter of Credit A Letter of Credit (LC) is a legal document that is issued by the bank that acts as an irrevocable guarantee in making payment to a beneficiary. When an individual fails to perform the required obligations, the bank…

Provisional Assessment of Import Export

Provisional Assessment of Import Export Once the Bill of Entry or the Shipping Bill comprising of all the relevant information/ details along with all the appropriate documents is submitted, the duty leviable on the imported goods and exports will be…