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        Import Export Clearing Agents in India


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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As per para 3.7.1 of Export / Import Policy Merchant / manufacture Exporter, Service Provider, EOU, EHTP, STP are eligible for Status Certificate subject to achieving min export performance as follows: -

Category
Total FOB / FOR during the current licensing year or during the preceding 1/2/3 licensing years. (in Rupees)
Export House
45 Crore
Trading House
300 Crore
Star Trading House
1500 Crore
Super Star Trading House
6000 Crore
Special Strategic 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) of HACCP Certification or WHO-GMP or CMM level 2 and above certification status, shall be entitled for exports house status on achieving average FOB / FOR value of RS. 5 Crore during the preceding three licensing years. The same threshold limit shall be applicable to the service exporters and agri exporters (other than grains) for obtaining Export House Status"

Export made on re-export basis shall not be counted for the purpose of recognition.

The exports made by a subsidiary of a limited company shall be counted towards exports performance of the limited company for purpose of recognition. For this purpose, the company shall have the majority share holding in the subsidiary company.

The status holders shall be eligible for the following new / Special facilities: -

License / certificate / permissions and Customs clearance for both imports and exports on self-declaration basis.

Fixation of Input - Output norms on priority.

Priority Finance for medium and long-term capital requirement as per conditions notified by RBI.

Exemption from compulsory negotiation of documents through bank. The remittance, however, would continue to be received through banking channels.

100% retention of foreign exchange in EEFC account.

Enhancement in normal repatriation period from 180 days to 360 days.

A professional Custom Agent should offer the following services:

Preparing statement of S/Bill Country wise as per data received.

Claiming weightage as applicable.

Preparing application precisely as per Policy.

Submission.

Follow up till Export House Certificate is granted.

They would need the following details to prepare application:-

Certified copy of Updated IEC + Valid RCMC.

Summary of Exports of last 3 Preceding years.

Statement of Exports Country / S/Bill wise.

Copies of S/Bills + Bank Certificates for our perusal.

Details of Branches / Subsidiary company if applicable.

Certified copies of last 3 Export Houses if applicable.


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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