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Exporting Guide to India, Updated for 2022

Views: 34     Author: Site Editor     Publish Time: 2022-03-23      Origin: Site

Export to India shipping notes summary


India is the largest country in the South Asian subcontinent, with many domestic ports and 12 major ports, including Mumbai, Kolkata, Chennai (formerly known as Madras), Cochin, Goa, etc., undertaking 3/4 of the freight volume. Among them, the port of Mumbai is the largest port and ranks 18th in the world in terms of shipping capacity. Sea freight shipping from China to Kolkata port in India needs to transit through other ports, including Colombo/Vishakhapatnam/Krishnapatnam/Port Klang/Singapore and other ports.


This is the content list:

· Documentary requirements 
· Additional requirements for documentation
· Tariff Policy
· Customs regulations
· Customs Clearance
· Auction regulations
· Return of goods regulations 



 

01 Documentary requirements 

India sea import and export, involving the following documentary information.

(1) Signed invoice

(2) Packing list

(3) Marine bill of lading or bill of lading / air waybill

(4) The completed GATT declaration

(5) the importer or its customs agent's declaration

(6) approval (provided when needed)

(7) letter of credit / bank draft (required to provide)

(8) insurance documents

(9) Import license

(10) industry license (provided when needed)

(11) laboratory report (provided when the goods are chemicals)

(12) Provisional tax exemption order

(13) The original tariff exemption right certificate (DEEC) / tax refund reduction right certificate (DEPB)

(14) catalog, detailed technical specifications, relevant literature (goods are machinery and equipment, machinery and equipment parts or chemicals to provide)

(15) machinery and equipment components individual prices

(16) Certificate of origin (preferential tariff rates applicable to provide)

(17) no commission statement

 

02 Additional requirements for documentation 

The Indian Customs Service has issued Notification No. 33/2018 which states that with effect from April 1, 2018, importers must ensure that the following essential details are notified to their exporters abroad for inclusion in booking such goods.

(1) Importer's Import and Export Code (IEC)

(2) Excise Importer Identification Number (GSTIN)

(3) The importer's official email ID (for shipping lines and customs communications)

 

The notification is issued due to consignment of hazardous waste, other waste or restricted items imported under the name of certain importers that remain uncleared. It is therefore important to record basic information about the importer on the bill of lading so that these details can be used to determine the DPD stack and for various other purposes.
Export to India shipping notes summary_2

 

03 Tariff Policy 

From July 1, 2017, India will consolidate its various local service taxes into a Goods and Services Tax (GST), which will also replace the previously announced 15% Indian service tax. the GST rate will be 18% of the cost of importing and exporting Indian services, including local charges such as terminal handling charges and inland transportation charges.

 

On September 26, 2018, the Indian government suddenly announced an increase in import tariffs on 19 "non-essential goods" to reduce the widening current account deficit. The tariff adjustment raised duties on imports of air conditioners, refrigerators, washing machines, footwear, loudspeakers, jewelry, some plastic products, luggage, and aviation turbine fuel.

 

India's Ministry of Finance has notified an increase in import duties on 17 items with effect from October 12, 2018. These 17 goods include smart watches, telecom equipment, etc. The notification shows that the tariff on smart watches and telecom equipment has been increased to 20% from the current 10%.

 

04 Customs regulations

First of all, all goods transhipped to the Indian inland cargo terminal, must be responsible for the entire transport by the shipping company, and must be the bill of lading and manifest final destination column filled in the inland point. Otherwise, it must be emptied at the port or pay a high fee for changing the manifest before transshipment to the inland.

 

Secondly, after the goods arrive at the port, they can be stored in the customs warehouse for 30 days. After 30 days, the customs will issue a notice to the importer to pick up the goods. If for any reason the importer cannot pick up the goods on time, he can apply to Customs for an extension as needed. If the Indian buyer does not make an extension request, the exporter's goods will be auctioned off after 30 days of storage in customs.

Export to India shipping notes summary_4

 

05 Customs Clearance 

After unloading the goods (generally within 3 days), the importer or his agent shall first fill in the "Import Declaration" (Bill of Entry), in four copies. The first and second copy shall be retained by Customs, the third copy shall be retained by the importer, and the fourth copy shall be retained by the bank where the importer pays the tax. Otherwise, high demurrage fees must be paid to the port authority or airport authority.

 

If the goods are declared through the Electronic Data Interchange (EDI) system, there is no need to fill out a paper Import Declaration, but the details required by Customs to process the application for customs clearance of the goods need to be entered into the computer system, and the Import Declaration is automatically generated by the EDI system.
Export to India shipping notes summary_3

 

(1) Bill of Lading

POD for goods from India, both the consignee and the notifying party must be in India and have detailed name, address, telephone and fax. Description of the goods must be complete and accurate; free time clause is not allowed to be shown on the bill of lading.


When DTHC and IHI charges need to be borne by the consignee, it is necessary to show "DTHC and IHI charges from A to B on the consignee's account, if you need to transit, you need to add the in transit to clause, such as CIF Kolkata India in transit to Nepal

 

(2) According to the product HS CODE inquiry to determine whether to apply for FORM B Asia Pacific certificate or general certificate of origin, FORM B customs clearance can enjoy 5%-100% tariff reduction.

 

(3) The invoice date should be consistent, and the shipment date should be consistent with the bill of lading.

 

(4) All imports into India are required to submit the following full set of import documents: import license, customs declaration, customs entry, commercial invoice, certificate of origin, packing list and waybill. The above documents are required in 3 copies

 

(5) Packaging and labeling

 

Indian ports are generally located in tropical areas, heat and humidity may cause damage to the goods. Therefore, the shipment of goods need to use waterproof packaging, and the use of galvanized or tinplate shipping boxes, do not use tarpaulin and other packaging.

 

The label should be written in English, specifying the country of origin of the description of the text to be written in the container or label on the other English words as eye-catching.

 

06 Auction regulations 

Indian customs auction provisions.

  (1) The goods can be stored in the customs warehouse for 30 days after arrival.

  (2) After 30 days, Customs will issue a notice to the importer to pick up the goods. If for any reason the importer is unable to pick up the goods on time, he may apply to Customs for an extension according to his needs.

  (3) If the importer in the extended time is still not on time to declare the goods, the Customs will again (and for the last time) to the importer issued a reminder to pick up the notice.

  (4) If the importer does not pick up the goods within the specified time after receiving the second notice from Customs, and does not make any explanation and application for extension, Customs will auction the goods.

The goods arrive at the Indian port, you need to IGM (cargo manifest declaration) 3 days in advance, once the importer code (IEC number) is indicated, the right of goods has been transferred to the importer; at this time, no matter the owner, freight forwarder or shipping company, can not control the right of goods, regardless of FOB or CIF conditions, regardless of whether the bill of lading "TO ORDER OF SHIPPER" (instruction bill of lading), regardless of whether the bill of lading in your hands, whether L / C, D / P or T / T, the Indian importer can not return the goods, and wait for the customs auction, low cost to obtain the goods.

07 Return of goods regulations 

Indian customs regulations, the exporter must be provided with the original importer to give up the goods certificate, the relevant proof of lading and the exporter to request the return of the letter, entrusted to the shipping agent in the payment of port storage fees, agency fees and other reasonable fees for the return procedures.


If the importer does not want to give the exporter a certificate of not wanting the goods, the exporter can refuse to pay or pick up the goods with the importer's letter or letter provided by the bank or shipping agent of the importer does not pay for the bill of exchange, the relevant proof of lading and the seller's request for the return of the goods letter entrusted to the shipping agent directly to the relevant Indian port customs request for the return of goods, and the relevant procedures.


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