10 August 2012
We want to import of rubber west. We will process the same and sell in India.
Please let us know what will be the import duty for the same. Any special permission from any Govt. Department or special import license is required for it.
as per para 2.8 (iii) of foreign trade policy 2009-2014, a person (exporter/ importer) is exempt from IEC code if they are importing / exporting the goods for personal use / agriculture purpose.
If you want to start a business then apply for IEC CODE.