what are the categiries of goods that r allowed for import or export through courier mention relavant section circular and notification.thanks in advance for contributing u r valubale time
CS Vijay Daxini (At Practice) (732 Points)
21 July 2010what are the categiries of goods that r allowed for import or export through courier mention relavant section circular and notification.thanks in advance for contributing u r valubale time
Ganesh
(Student)
(28 Points)
Replied 21 July 2010
For regulating the said import and export, the Government of India had framed Courier Imports (Clearance) Regulation in 1995 and has subsequently revised it by framing an up to date Courier Imports and Exports (Clearance) Regulations in 1998. Private companies have been registered as authorised couriers in the International Airports at Mumbai, Delhi, Chennai, Calcutta, Bangalore, Hyderabad, Ahmedabad and Jaipur by the Customs Commissioner of the respective places.
All types of goods can be sent through the courier mode into India and out of India except few articles. The goods which are prohibited for import through courier are:
Similarly, the export of the following goods are also restricted:
Further as said in notification number 171/93 dated 16-Sep-93 bonafide gifts not exceeding the value of Rs. 5,000 are also allowed to be imported or couriered.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 21 July 2010
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)