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Import export licence

Rakesh (Consultant) (40 Points)

11 September 2012

what are the procedures for the importing of certain electronic items for the pupose of selling in India.

Assessee is a Private Limited Company

1.What are the documents required ofr that?

2.how much time nd what is the approximate cost for that?

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4 Replies

Rama Krishnan (MBA) (571 Points)
Replied 11 September 2012

Dear Rakesh,

1. First and foremost thing required for importing anything to India is IEC code, Import Export Code, if you don't have it, need to apply to DGFT and obtain it, thereafter you also need to get the IEC registered at the port import, prior to import of consignments.

2. If you import by AIr mode - transit may take 2-5 days, In sea mode it may take 25 to 30 days

3. Cost- you can get in touch with any forwarder, will give you the costing

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Mrs. Raina Shah (Export Executive ) (136 Points)
Replied 13 September 2012

I am agree with Rama Krishnan

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 14 September 2012

AS PER PARA 2.8 OF HAND BOOK OR PROCEDURES VOL-1(2009-2014 EXPORTER IMPORTER ARE EXEMPT FROM IEC CODE IF THEY ARE IMPORTING / EXPORTING FOR PERSONAL USE / AGRICULTURE PURPOSE.

IN YOUR CASE MR RAKESH IEC CODE IS MANDATORY FOR FURTHER INFORMATION COMPLIANCES IS AVAILABLE IN BELOW MENTIONED LINK:

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 14 September 2012

AS PER PARA 2.8 OF HAND BOOK OR PROCEDURES VOL-1(2009-2014 EXPORTER IMPORTER ARE EXEMPT FROM IEC CODE IF THEY ARE IMPORTING / EXPORTING FOR PERSONAL USE / AGRICULTURE PURPOSE.

IN YOUR CASE MR RAKESH IEC CODE IS MANDATORY FOR FURTHER INFORMATION COMPLIANCES IS AVAILABLE IN BELOW MENTIONED LINK: