Import Export License in India, Import Export Procedure & Training India

Information :

Import Export Code No

As per Para 2.12 of Export & Import Policy no export or import should be made by any person without Importer Exporter Code (IEC).

The application shall be made by Registered / Head Office of applicant to Licensing Authority under whose Jurisdiction, the Registered Office, in case of Company and Head Office, in case of others falls in forms specified in Appendix -3.

"More Information on IEC Code"

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DEPB Sales & Purchase

This scheme is covered under para 4.3 of Export / Import Policy. The objective is to neutralise incidence of Custom duty on Import content of Export product by way of grant of duty credit against export product.

Salient features of this scheme are :-

It is transferable.

It is Post Export Scheme.

Export should be under freely convertible currency

Validity is 12 months from date of issue.

Verification from Customs required presently after issuance of DEPB.

For Fixation of DEPB Rates Sion should be fixed.

"More Information on DEPB"
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Complete Directory

Information on the various Import Export Licenses in India, Import Export Procedure & Training.

Scent of Web provides FREE information on the various consultancy services for various export import activities under single window governed by MINISTRY OF FINANCE AND MINISTRY OF COMMERCE like DEPB / ADVANCE LICENSE / DFRC / DRAWBACK / DEEMED EXPORTS etc to reduce / neutralize incidence of Taxes / Custom Duties in import content of export product thereby enabling Indian Exporters to be competitive in International Market. : E :

A Professional Import Export consultancy company should carryout in-depth study of export product vis a vis offered schemes and suggest best viable option for Indian Exporters / Importers.

Their scope of services should includes :

Custom clearance of all type of Imports & Exports consignment

DEPB/DRFC Verification

Issue of DEPB/ DFRC Advance License.

Selling of Transferable Licenses viz DEPB / DFRC at competitive premium

Freight Booking

All other Liasioning Work with Government/ Semi Government Department.

They should have team of experienced and Qualified Executives to look after all technical / non technic al services. Their goal must be to provide best possible time bound services to their Clients at most competitive professional charges.

Good and Professional Export Import Consultants are the one which also provide :

Clarifications for items mentioned in ITC Book and guide them on Import Duty Structure, Condition of Policy on Export or Import.
To undertake entire operation of Export and Import under various schemes right from documentation to clearance from Custom and Jt. DGFT.

Import of items covered by Negative List.

Negotiating with Shipping Companies for most competitive Freight rates.

Further more for their existing / new clients, they must update them with latest Notifications, Circulars, Public Notices, Trade Notices etc throughout the year which are connected to their Import / Export product without any charges.

If required they should also provide following services through their selected associates:

1) Approval of Joint Venture

2) Approval of Foreign Collaboration – Technical and Financial

5) Industrial Licenses

4) Project Finance.

Information on :

Advance Licences /DFRC

This scheme is covered under Chapter 4 of Export + Import Policy. The basic concept is to enable Expworter to claim benefit of duty free raw material against export of finished goods. Even packing material is allowed duty free.

Advance Licenses are issued for:

Physical Exports,
Intermediate Supplies
Deemed Exports

"More Information on Advance Licenses"

Export House

Package for Status Holders

"Units in Small Scale industry / Tiny Sector / Cottage Sector / Units registered with KVICs or KVIBs / units located in North Eastern States, Sikkim and J&K / Units exporting handloom, handicraft, hand knotted carpets / exporters holding golden status / exporters exporting to countries in Latin America and CIS / Sub Saharan Africa, units having ISO 9000 (Series) or ISO 14000 (series) ....

"More Information on Export Trading House"
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