How to import, explaining step by step

How to import, explaining step by step

Import License process required in importing country
If you need to import goods or services, a onetime registration procedure is being completed in most of the countries.  Such import export license may be obtained from concerned government department of the importing country if required.
Usually, for import of goods, three categories of procedures are required.  One-time registration procedures to act as an Importer in importing Country, Specific import license to import goods if applicable, and certain certification from concerned government agencies of importing country related to each import wherever applicable. The certification from certain agencies of governmental and nongovernmental of exporting country may be obtained by exporter if applicable.
There is separate government agency that handles and regulates such specific products that issue import license or import permit.  However, specific licence to import goods is required only for certain specific goods restricted.  Based on trade policy of each country, categories of products classified under freely importable, restricted to import.  Prohibited list of goods are not permitted to import in to the country.  The list of restricted goods to import and prohibited list of goods are notified time to time by government of such importing country which may be referred the official website of respective department of importing country.
Import licence or Import permit to import certain products
Import Licence or import permit has to be obtained from importing country’s government for importation of certain commodities to Importing country.  There are separate Importing country government agencies to issue such import permit or import license. 
Prohibited goods notified by importing country are not allowed to import, hence no permit or license is granted to import such goods to Importing country.
Import by courier
Goods can be imported by courier.  However, there is limit of amount or quantity prescribed by importing country’s Government time to time.  If value or quantity is more than the prescribed limit, necessary procedures have to be completed in importing country to customs clear the imported goods by courier.
Import of personal effects to Importing country
The goods for personal use can be imported as per rules and regulations of importing country’s Government amending time to time.   The import duty is fixed based on the nature of consignment, imposed by importing country Customs department modified time to time. 
Import Customs procedures in Importing country
The information provided here details on how to import goods to Importing country especially import customs clearance procedures in importing country.
As we have discussed above, import of goods to Importing country requires three categories of procedures wherever required.  One-time registration procedures to act as an Importer in Importing country, specific import license to import goods to Importing country if applicable, and certain certification from concerned government agencies of Importing country related to each import wherever applicable.
Now let us discuss about the process of import customs clearance procedures in importing country.
Once after arrival of import cargo at sea port or airport of Importing country, such goods are unloaded by carrier at Importing country’s customs bonded area.   Necessary customs import process has to be completed to take delivery out of customs area of importing country. 
There are mainly three categories of permissions required to take import clearance cargo delivery from importing country’s customs bonded area.  They are Permission from Importing country’s Customs authorities, Permission from Carrier of goods and permission from custodian of cargo handling at particular import customs port in Importing country.
How to get permission from Importing country’s customs to take import delivery of cargo arrived?
Either you (importer) or your customs broker can file the necessary documents for Import customs clearance procedures in importing country.  The carrier of imported goods in importing country files IGMS (Import General Manifest) with importing country’s destination port customs authorities.   Before arrival of your goods, you can keep ready of all pertaining documents required for import clearance. The major documents required to import customs clear in importing country are Bill of Lading or Airway bill, commercial invoice, packing list, Cargo Arrival Notice, Freight certificate, purchase order or LC and other specific documents for your goods.
You need to track the import shipment of arrival in importing country port properly as you need to customs clear the cargo as early as possible on arrival of shipment. Otherwise, you may be imposed demurrage by import handling authorities. Normally, a limited number of days of one, two or three are allowed by import handling authorities as free of cost time duration to take import delivery. You can complete Importing country’s customs formalities within this time normally, subjected to produce of all required documents with customs.   If you are unable to customs clear the imported shipment in Importing country’s port within the prescribed free days on arrival, you may have to pay storage charges to custodian of cargo at such Chinese port of arrival of imported cargo.  Apart from storage charges by handling custodian of imported goods, you may have to pay charges to customs authorities of Importing country also if applicable.
 The customs entry filing is being done either by a customs broker or consignee against import shipment to be cleared out of Customs.  The import entry information is filed based on the requirements of importing country customs updating time to time.
Once the cargo arrives in Importing country’s port, carrier of goods files Import General Manifest (IGM) with  customs department. IGM is the details of import of goods to be filed with customs mandatory by all carriers once goods arrived. Normally, each aircraft or vessel has one IGM number and each of consignments carries ‘line numbers’. So, each shipment carries a ‘line number’ and the total load of the said vessel or aircraft has an IGM number. Here, you will have one IGM number (common for one lot of goods arrived) and a ‘liner number’ for your particular shipment.
You need to enter IGM number in the specified column of import entry form electronically as specified by Customs authorities. This number will be automatically linked with your document while filing uploading the import bill of entry details with customs web software. The Bill of Entry number is generated at one place for all over the ports of country as per software queue automatically. If your goods are under green channel clearance, you can directly take delivery of cargo with simple procedures at country port.  Certain category of imported goods can be customs cleared freely from customs authorities. 
The inspection if required is carried out under the supervision of necessary Importing country’s customs officials and enters examination report in the system for the imported shipments wherever applicable.   Necessary other import customs clearance is completed with customs authorities.  Final permission to move import cargo out of customs bonded area is allowed, once the Importing country’s customs satisfies with their rules and regulations.
How does carrier of goods release import cargo arrived in Importing country?
Once after arrival of goods in Importing country Customs port, delivery order has to be obtained from carrier of goods at import customs location of importing country.  This is applicable for both Sea import clearance and air import clearance.  The import Delivery Order is nothing but a permission from Carrier of goods to take delivery of import cargo.  The carrier checks whether any due amount payable to them under the said import shipment arrived.  If freight payable at destination, necessary air freight/ sea freight is collected from consignee before releasing Delivery Order by carrier.  If freight already paid at load port, Delivery order is issued by carrier at destination port of Importing country by collecting nominal destination service charges. 
When does custodian of cargo release import cargo to consignee in Importing country?
Custodian of cargo keeps custody of cargo at import customs location.  The custodian of cargo could be a government authority or private party who follows the norms of Importing countr’s government related to imports.  The custodian of cargo is responsible to safeguard the imported cargo arrived in Importing country destination customs location by handling properly. 
Once after completion of import customs clearance procedures at destination port in Importing country and collected Delivery Order from carrier of imported goods, the custodian releases imported shipment to consignee after collecting their charges if any.  The necessary proof for completion of import customs clearance procedures and delivery order permission from carrier has to be submitted with custodian of cargo to release import cargo to consignee.
Import documents required in Importing country
The documents required  in importing country to take delivery of imported cargo is based on the product importing, multilateral trade agreements, bilateral or unilateral trade agreements, and other trade policies of Importing country government.  The import documents required in Importing country also depends up on the nature of goods importing (General goods, Personal effects, Dangerous goods, Livestock etc.) ,regular trade policy of Importing country Government,  specific goods importing to Importing country (Arms and ammunition, health products, food products, chemicals etc.)
However, the following documents required to import goods to Importing country in general:
Import Customs clearance documents required in Importing country
Customs Entry document: (specified by Importing country customs) prepared by importer’s customs broker or Importer
Customs bond if applicable for specific goods importing to Importing country or to claim import benefits from Importing country government
Legal Undertaking (LUT) if applicable to claim import benefits from Importing country government or to import specific products
Customs declarations wherever applicable:  Importing country import customs clearance declarations as per specified format of importing country’s government.
Import License if applicable to be obtained from government agency of Importing country.
Purchase order or Letter of Credit between Importing country importer and overseas supplier of goods.
Commercial Invoice cum packing list issued by seller of goods
Certificate of Origin issued by competent authority of origin country of goods.
Insurance Certificate issued by the government authorized insurance service provider
Certificates of Inspection if applicable:  Some of the importers demands exporter (seller) through LC or Purchase order to inspect export goods to Importing country by an internationally recognized inspection agency like SGS, BVQI, or other Quality inspecting agency. etc.
ATA CARNET/Temporary shipment certificate if applicable
Certificate of Analysis if applicable.  The buyer may insist the seller to enclose certificate of analysis about the goods.  The same certificate helps Importing country customs authorities to confirm the product imported to Importing country.
Certificate of Free Sale if applicable.  If goods are not commercially involved, a certificate of sale is attached by exporter along with goods dispatched.
Weight Certificate if applicable.   Weight certificate issued by exporter is required at various circumstances like satiability of flight, satiability of vessel, International road safety rules, import or export duty calculation, claiming export/import benefits from government etc.
Consular Invoice if applicable:  Some of the importing countries insists embassy attested documents which is mandatory at importing country to customs clear goods.
Documents required for customs in Importing country for specific products
Electronic Export Information if applicable
Certificate of Health or Sanitation if applicable
Generic Certificate of Origin if applicable
Dangerous Goods Certificate if applicable
Fisheries Certificate if applicable
Fumigation Certificate if applicable
Halal Certificate if applicable
Health Certificate if applicable
Ingredients Certificate if applicable
Inspection Certificate if applicable
Pre-Shipment Inspection certificate if applicable
Phytosanitary Certificate/quarantine certificate if applicable
Radiation Certificate if applicable
Dock Receipt and Warehouse Receipt if applicable
ISPM 15 (Wood Packaging) Marking certificate if applicable
Product manual or Product catalogue if applicable
Certified Engineer’s Report if applicable
Chartered engineer’s certificate if applicable
Product specification certificate
Other specified documents if applicable
Bank Import documents in Importing country
Purchase order or Letter of Credit
Commercial Invoice cum packing list
Pro forma Invoice
Bill of exchange
Certificate of Origin
Insurance Certificate
Certificates of Inspection if applicable
Electronic Export Information if applicable
Certificate of Health or Sanitation if applicable
Other specified documents if applicable

DIPLOMA In trade management

FIEO’s Forthcoming Events Domestic
CHENNAI – 7thBatch – DIPLOMA IN INTERNATIONAL TRADE MANAGEMENT
7thBatch –  DIPLOMAIN INTERNATIONAL TRADE MANAGEMENT
Duration
Six Months ( o­nly o­n Weekends )
Tentative Commencing Date
16/03/2019
Day & Time
Saturday’s 10.00 am to 5.00 pm
Venue
FIEO Conference Hall, Unit No.706,
7th Floor,769, Anna Salai, Chennai 600 002
After successful completion of the 6th Batch, we are happy to inform you that FIEO will be commencing the 7thbatch of its DIPLOMA IN INTERNATIONAL TRADE MANAGEMENT at Chennai as per details given above. This Diploma in International Trade is a specialized course designed and structured specifically for aspiring professionals who wants to be successful in the field of Global Business.
The program emphasizes o­n the contemporary issues including International Commercial Law and Business Environment. Participants learn export-import policies, documentation, international finance, in addition to the functioning of various financial institutes and banking. Knowledge of India’s Foreign Trade along with International Marketing prepares the students to strike the right note when they enter the demanding world of corporate management.
Scope:
Working Executives, Middle Level professionals, Business Development Manager’s, International Marketing Manager’s, International Financial Analyst’s, International Product Manager’s, Procurement Manager’s in an Import-Export House, and those who are in key decision making roles, companies expanding/planning to expand their business into international trade or aiming to expand their business in international trade, final term MBA students with specialization in international trade can also join in the programme.
About the Diploma:
Diploma in International Trade Management (DITM) which is a Six Months Program, mentored by highly qualified professionals and Industrialist’s, is a course that covers all the essential topics related to International Trade. The Six Months program is divided into three modules. The First Module covers the entire management systems, Second Module covers the regulatory frameworks for Exports and the Third Module is practical aspects of International Trade which includes Industrial visit.
The programme structure includes:
·         Fundamentals of Strategic Management & Global strategies
·         Global Business Environment, Cross-Cultural Context, , Ethics, CSR in Foreign trade
·         Supply chain Management, International Marketing
·         International Trade (Exports & Imports) ,Costing and Pricing
·         Export and Import Documentation, International Finance Management & Taxation
·         Trade Finance, Banking-Special facilities for exporters – FOREX Management-EEFC Account etc.-UCPDC 600, Foreign Trade Policy and Procedure
·         Role of Customs, AEO Programme and other trade facilitation measures
·         International contracts Negotiation of payments & discharge of Export Obligations
·         Pre-shipment/Post Shipment Finance, Foreign Currency Loan, Buyers Credit, Factoring
·         Logistics Management-Modes of Transportation
·         C&F Agencies, CHA and their role in international trade
·         Export facilitating organizations in India
·         FEMA and Role of RBI
·         GST Rules and procedures / Refunds for exports
·         WTO, GATT, IMF, WORLD BANK, ICC, UNCTAD, OPEC, etc.
·         Risk Management in Exports and Imports
·         Role of IT in international Trade related to Customs
·         Internet Marketing and E-commerce
·         Production planning & Control, Product Designing – quality management
·         Packaging & Marking (Statutory & Product promotion)
·         ISO 9000 Series / 14000 & Social Audit
·         Visits – Port Visit – Logistic Management Industry
Selection Criteria:
On the basis of candidate profile.
Evaluation:
Projects, Term End Examinations, Case Studies and Viva-Voce
Mode of Delivery:
Weekend classes, regular lecture mode with study materials, contemporary case studies, live project assignments, visit to Industry, Ports, ICDs & CFS
Course fee: Rs. 38,500/- per participant + 18% GST Payable by at par Cheque/ DD payable in favor of Federation of Indian Export Organizations, ChennaiYou can also make payment o­nline via NEFT transfer.
For more information please contact Ms. Jini VargheseMobile: +91-9790911292 jinivarghese@fieo.organd send your confirmation and participation fee o­n or before 15th February, 2019.
CHENNAI – 7thBatch – DIPLOMA IN INTERNATIONAL TRADE MANAGEMENT
Register for this Event ] From 16/03/2019 till 19/10/2019 at FIEO Conference Hall, Unit No.706, 7th Floor,769, Anna Salai, Chennai 600 002
Capacity: 30
Venue
FIEO Conference Hall, Unit No.706, 7th Floor,769, Anna Salai, Chennai 600 002   
Event
  
  
Contact for participation
Contact Name: Mr. J JAI KUMAR  
Contact Number: 9894521718  
Contact Fax:   
Contact Email: JJAYKUMAR@FIEO.ORG  
Contact Address: Federation of Indian Export Organisations, Unit No.706, 7th Floor,769, Anna Salai, Chennai 600 002   
Price per Delegate:
For FIEO Members: 38500.00
For Non-Members: 38500.00
Register for this Event ]

news

Please be careful before dealing with UAE companies.
Site source Consulate General of India , UAE  
List of UAE based companies against whom trade disputes have been raised by Indian companies from March 2018 – January 2019 Companies with Multiple Disputes 
1. Agri Growith Food Stuff Trading LLC, Dubai 2. Golden Nest General Trading LLC, Dubai 3. Al Mayan Trading FZE, Ajman 4. Fresh Carota Foodstuffs Trading LLC, Dubai 5. Dileep General Trading LLC, Dubai 6. Sun International FZE, Sharjah 7. Motivation General Trading LLC, Dubai 8. Glokal FZE, Dubai 9. AAI General Trading LLC, Dubai 10. Sai Foodstuff Trading LLC, Dubai Companies with Single Dispute 1. THOE Real Estate Development LLC (Kleindienst Group), Dubai 2. MCH International, Dubai 3. Prime Impex General Trading LLC, Dubai 4. Al Safina Security 5. Beacon Decor & Light Material Trading, Sharjah 6. Premium Flair General Trading FZE, Ajman 7. Wardat Al Madina Food Stuff Trading LLC, Dubai 8. Victory General Trading LLC, Ajman 9. Kanz Alhowm Food Stuff Supply Services LLC, Dubai 10. Arooj Packing Service LLC, Dubai 11. Al Khiran Contracting LLC, Dubai 12. Draw Way LLC, Dubai 13. CBD Projects Co. LLC, Dubai 14. Delta Wings General Trading LLC, Dubai 15. Ashuraf & Ahmed Food & Beverage Trading LLC, Dubai 16. Paklite FZC, Sharjah 17. Mas International General Trading LLC, Dubai 18. Concept Flexible Packaging LLC, RAK 19. Safo Foodstuff Trading LLC, Dubai 20. Ajaj Star General Trading LLC, Dubai 21. Papers Worldwide, Sharjah 22. Winning Star Trading FZE, Ajman 23. Five Brothers General Trading LLC, Dubai 24. Datex Energy FZC, Sharjah 25. Future Scaffolding & Aluminium Industries LLC, Dubai 26. Technovaa Industries LLC, Dubai 27. Berang General Trading LLC, Dubai 28. CitiGate Trade FZE, Sharjah 29. NOVA FZE, Sharjah 30. Al Noor Foods, Dubai 31. JK Foodstuff Trading LLC, Dubai 32. New India Foodstuff LLC, Dubai 33. Colexo General Trading LLC, Dubai 34. Burj Dubai General Trading LLC, Sharjah 35. Huma Ahmed Adnan Foodstuff Trading, Dubai 36. JAF FZC, Ras Al Khaimah 37. White Sky Foodstuff Trading LLC, Dubai 38. Bajrang International DMCC, Dubai 39. Gulf Fence Factory (FZE), Sharjah 40. Harco Marketing & Trading, Dubai (JAFZA) 41. Dalaho General Trading LLC, Dubai 42. Al Rahal Metal Scrap, Sharjah 43. Miqdad Foodstuff Trading LLC, Dubai 44. FWMA General Trading FZE, Ajman 45. Monaco Marbles and Granite Trading LLC, Sharjah 46. Shahzaib Foodstuff Trading LLC, Dubai 47. Riddhi Siddhi General Trading LLC, Dubai 48. Ruby International FZE, Sharjah 49. Dar Al Amani Trading LLC, Dubai 50. Ominah Khayer General Trading LLC, Dubai 51. Imran Food Stuff Trading LLC, Dubai 52. Al Nojoom Al Thahabeya General Trading LLC, Dubai 53. Pratik General Trading FZE, Ajman 54. Zartaj General Trading, Ajman 55. PDL International LLC, Dubai 56. Taj Food Stuff Packaging Factory LLC, Ajman 57. Farmex Freshia Trading LLC, Dubai 58. White Grass General Trading LLC, Dubai 59. Sandstone General Trading LLC, Dubai 60. Sunrise Petroleum FZE, Sharjah 61. Kriscon Middle East, Dubai 62. DSA Architects International, Dubai 63. Ecoplast Industries FZC, Dharjah 64. Khushi Trading Company LLC, Dubai 65. HND Venture General Trading LLC, Dubai 66. Bright Exhibitions FZE, Sharjah 67. AS & MS Global Worldwide FZE, Ajman 68. Mohd. Bin Ghalaita Trading, Dubai 69. Arif Book Distributors LLC, Dubai 70. Haji Munir Foodstuffs Trading Co. LLC, Dubai 71. High Happiness General Trading LLC, Dubai 72. Green Roots Vegetable & Fruit Trading LLC, Dubai 73. Royal Link International LLC, Dubai 74. Abdulla Bin Lootah Foodstuff Trading LLC, Dubai 75. SP International FZE, RAK 76. Unitrade General Trading LLC, Dubai 77. Satti Raja Trading LLC, Dubai 78. ACS Trading LLC, Dubai 79. Blue Star Food Stuff Trading LLC 80. Marine Engineering Diving Services FZC, Sharjah 81. SSJ Foodstuff LLC, Dubai 82. Buildtech Construction, Dubai 83. Kutkut & Partners, Sharjah  

EEPC INDIA

EEPC India
Make In India
NABET
Indian Engineering

Events > CALENDAR OF PROMOTIONAL ACTIVITIES (2019 – 2020)

Sl. No. Trade fairs/ events Focus Area Category Scheme Place Date Products
1 India Pavilion in Automechanika Middle East 2019 WANA Other EEPC India Events MAI Dubai, UAE 10-12 June, 2019 Automobiles, components & accessories
2 India Pavilion in GIFA 2019 Europe Other EEPC India Events MAI Dusseldorf, Germany 25-29 June, 2019 Casting, Forging etc
3 India Pavilion in Construction Expo 2019 South Asia Other EEPC India Events MAI Colombo, Sri Lanka 19-21 July, 2019 Construction & Building Material
4 India Pavilion in Nigeria Pharma Manufacturers Expo 2019 WANA Other EEPC India Events MAI Nigeria 28-29 Aug 2019 Medical Device & Supplies
5 India Pavilion in Asian Utility Week 2019 ASEAN Other EEPC India Events MAI Malaysia 3- 4 Sept 2019 Power, Electricals, T&D
6 India Pavilion in Kaz Build 2019 CIS Other EEPC India Events MAI Kazakhstan 04 – 06 Sept 2019 Constrtuction & Building Material
7 India Pavilion in International Fastener Expo North America Other EEPC India Events MAI Las Vegas, USA 17-19 Sept. 2019 Industrial Fasteners & Tooling & Machinery
8 Expo in Edifica, Chile and BSM in Peru LAC Other EEPC India Events MAI Chile + Peru 2-5 Oct 2019 Machinery, Materials & Building Construction
9 India Pavilion in MSV Brno 2019 Europe 1 Other EEPC India Events MAI Czech Republic 7-11 Oct 2019 Multiple Engineering Products
10 India Pavilion in Metalex 2019 ASEAN Other EEPC India Events MAI Vietnam 10-12 Oct, 2019 Metalwork industry – equipment, devices, technology, instruments
11 K Fair 2019 Europe Other EEPC India Events MAI Dusseldorf, Germany 16-23 Oct, 2019 Plastic and Rubber Machinery
12 Expo in Ferret Expo Guatemala and BSM in Honduras LAC Other EEPC India Events MAI Guatemala + Honduras 07-10 Nov 2019 Agricultural & building tools, Electric & pneumatic tools, valves
13 India Pavilion in BIG FIVE 2019 Exhibition WANA Other EEPC India Events MAI Dubai, UAE 25-28 Nov 2019 Constrtuction & Building Material
14 Healthcare Supply Chain Show 2019/Nepal Medical Show SA Other EEPC India Events MAI Nepal 13-15 Dec, 2019 Medical Device & Supplies
15 India Engineering Exhibition (INDEE) SA INDEE MAI Dhaka, Bangladesh 22 – 24 January 2020 Multiple Engineering Products
16 RBSM at Imtex & Tooltech 2020 INDIA Other EEPC India Events MAI Bengaluru, India 23-28 Jan, 2020 Machine Tools
17 India Pavilion in Arab Health 2019 WANA Other EEPC India Events MAI Dubai, UAE 27-30 January, 2020 Medical Device & Supplies
18 Indian Engineering Pavilion in Ethiopia 2020 (coinciding with ITME Africa) Africa Other EEPC India Events MAI Addis Ababa, Ethiopia 14-16 February, 2020 Multiple Engineering Products
19 India Pavilion in Asia Pharma 2020 SA Other EEPC India Events MAI Dhaka, Bangladesh 28 Feb – 01 Mar 2020 Medical Device, Pharma machinery
20 India Pavilion in International Hardware Fair (EISENWARENMESSE, Cologne) Europe Other EEPC India Events MAI Cologne, Germany 1-4 March 2020 Hand tools, Machine tools
21 India pavilion in Middle East Electricity 2020 WANA Other EEPC India Events MAI Dubai, UAE 03-05 Mar, 2020 Power, Electricals, T&D
22 International Home Houseware Show 2020 North America Other EEPC India Events MAI Chicago, United States 14-17 Mar, 2020 Houseware show
23 International Engineering Sourcing Show (IESS – IX) INDIA IESS MAI India March, 2020 Industrial Supply and sourcing
24 India Pavilion in MCE Mostra 2020 Europe Other EEPC India Events MAI Italy 17 – 20 March, 2020 Heating, Renewables, building hardware etc

imp news for those who exports to us

Press Releases
GSP withdrawal would have limited impact on overall exports to US but some products may face the heat: Ganesh Kumar Gupta, President, FIEO


FIEO/PUB/PR/25/19

June 01, 2019
GSP withdrawal would have limited impact on overall exports to US but some products may face the heat: Ganesh Kumar Gupta, President, FIEO

Reacting to the news of US withdrawal of GSP benefits to India from 5thJune, 2019, Mr Ganesh Kumar Gupta, President, FIEO said that India’s exports to the US during 2018 were USD 51.4 billion. But out of USD 6.35 billion value of exports from India to US under the GSP scheme, net benefit to the tune of only USD 260 million were accrued by the Indian exporters and thus at macro level the impact of GSP withdrawal on our exports to US would be minimal. However, in respect of products having GSP benefits of 3% or more, exporters may find it difficult to absorb the GSP loss.
Most affected sectors would be: (I) Imitation jewellery (average GSP benefit 6.9%), (II) Leather Articles (other than footwear) (average GSP benefit 6.1%), (III) Pharmaceuticals & Surgical (average GSP benefit 5.9%), (IV) Chemical & Plastics (average GSP benefit 4.8%) and (V) Agriculture: Basic & Processed (average GSP benefit 4.8%) said FIEO President.
Mr Gupta said that GSP withdrawal would also affect US manufacturers, who benefitted from it on imports of parts and components, as well as US consumers.
It will also indirectly benefit China. In the first two months of 2019, GSP imports from India are up significantly for products on the Section 301 lists, but down for products where China does not face new tariffs.For India, 97 per cent of increased 2019 GSP imports are on the China Section 301 lists. GSP imports on Section 301 lists increased by 18 %, while imports of everything else increased by just 2%. This makes a very strong case for extension of GSP benefits for India, observed FIEO Chief.
Mr Gupta said that Government should provide some supports to products where GSP loss has been significant so that the market is not lost. He favoured extension of Rebate of State & Central Tax Levies Scheme (RoSCTL) on such products on exports to US.
Copyright © Federation of Indian Export Organisations  

Websites to Help Build an Import/Export Business

Looking to import or export but don’t have the slightest idea on how to get started Here are a few websites to visit that will get you moving in the right direction.

Helpful Websites for Building an Import/Export Business

  1. American Association of Exporters and Importers (AAEI): Provides advocacy, advanced communications, education and information for companies practicing international trade. AAEI also assists international trade compliance professionals by providing information on government regulations through its international trade ALERT hosted on the Thomson Reuters’ Checkpoint BEPS Global Currentsplatform.​
  2. North American Importers Association: Brings US importers, buyers and wholesalers together with exporters around the world. Helps with sourcing by matching up suppliers and verifying them at the same time.
  1. GlobalTrade.net: Serves as a knowledge resource for international trade professionals. They feature more than 60,000 listed service providers in 180 countries. In addition, they show more than 21,000 items by their strategic partners.
  2. GlobeTrade.com: Helps entrepreneurs and small businesses expand internationally. You might also check out the wholly-owned subsidiary of GlobeTrade.com, GSBB Media LLC, which publishes the top-ranking blog in the world for entrepreneurs and small business owners interested in global trade: The Global Small Business Blog. Full disclosure: I own this company.
  1. Kompass: Supplies global business information on more than 2.2 million companies in 70 countries. Buyers can pinpoint suppliers and send them requests for quotes. You can also search and find suppliers across the world by industry, products or services.
  2. Port Import Export Reporting Service: Provides current, comprehensive data on international trade. According to its site: “PIERS converts raw data from over 17 million bills of lading filed with US Customs into solutions that deliver market-specific insights, competitor intelligence, and customer-centric analysis. PIERS tracks 100% of US seaborne imports and exports made available by US Customs.” In addition to complete US trade data, you can access detailed import and export transactions for 14 international markets and trade statistics for more than 80 countries.
  1. Small Business Exporters Association: Encourages the promotion and growth of exporting U.S. goods and services produced by U.S. based small and mid-size businesses. In addition, you can access the latest exporting news, including Small Business Exporting Survey, what the Trans-Pacific Partnership means for your small business, and whether TPP a good deal for small businesses.
  2. The Federation of International Trade Associations (FITA): Provides international import export trade leads, events, and links to more than 8,000 international trade (export-import) related websites. In addition, FITA has 450 association members and 450,000 linked company members dedicated to the promotion of international trade, import-export, international logistics management, and international finance.

  1. USA Trade Online (provided by the U.S. Census Bureau): Delivers current and cumulative U.S. export and import data for over 18,000 export commodities and 24,000 import commodities. Further, you access current and cumulative U.S. export and import data on different types of customers from a wide range of industries and fields. Manufacturers and other businesses in importing/exporting who desire to expand their business globally can utilize USA Trade Online to identify new markets, evaluate existing markets and perform other market research tasks.

important website for caperts exports kindly see

https://www.euromonitor.com , please visit this website for free listing of your product.


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PROMOTIONAL SCHEMES like MEIS

In the Foreign Trade Policy 2015-20, under Export from India Schemes, there are two Schemes for exports of merchandise and services viz.:
(i) Merchandise Exports from India Scheme (MEIS); and
(ii) Service Exports from India Scheme (SEIS)
The objective of MEIS is to offset infrastructural inefficiencies andassociated costs involved in export of goods/products, which areproduced/ manufactured in India, especially those having high exportintensity, employment potential and thereby enhancing India’s exportcompetitiveness. Similarly, the objective of SEIS is to encourage export of notified Services from India. 

Some of the main features of these Schemes are as under:

 


MEIS
The MEIS Entitlement would be 2% / 3% / 5% / 7% of FOB value of notified goods exported to notified markets [based on three distinct categories framed and covered in Appendix 3B] in free foreign exchange or FOB value of exports as given in the Shipping Bills in free foreign exchange, whichever is less.
Country Groups – Category A: Traditional Markets (30) – European Union (28), USA, Canada. Category B – Emerging & Focus Markets (139), Africa (55), Latin America and Mexico (45), CIS countries (12),Turkey and West Asian countries (13), ASEAN countries (10), Japan, South Korea, China, Taiwan and Category C: Other Markets (70).
SEZ
Units located in SEZs have also been made eligible for MEIS & SEISbenefit.
Services Sector
Export of goods through Courier or Foreign Post Offices using e-Commerce (as notified in Appendix-3C) of FOB value only uptoRs. 5,00,000/- per consignment are entitled for rewards under MEIS.
Under SEIS, Service providers of notified services (under Appendix 3D) will be eligible for rewards in the form of duty credit scrips @ 5% and 7% on the net foreign exchange earned from notified services (w.e.f. 05.12.2017).
Only services provided in the manner/mode specified at Para 9.51 (i) & (ii) are eligible, i.e. Supply of a ’service’ from India to any other country (Mode 1-Cross border trade) and Supply of a ’service’ from India to service consumers of any other country (Mode 2- Consumption abroad).
Minimum net free foreign exchange earnings of USD 15,000 in the preceding year is the eligibility criteria. For Individual Service Providers and Sole Proprietorship minimum USD 10,000/-.
Duty Credit Scrip
Basic Custom duty paid in cash or through debit under Duty Credit scrip shall be adjusted for Duty Drawback benefits.
As per Trade Notice No. 11 dated 30/06/2017, under the GST regime, the Duty Credit Scrips cannot be used for payment of IGST, GST and Compensation cess in inputs and CGST/SGST/IGST, GST and Compensation cess for domestic procurement
Duty Credit Scrip issued on or after 01.01.2016 under Chapter 3 shall be valid for a period of 24 months from the date of issue and must be valid on the date on which actual debit of duty is made.
MAI
Market Access Initiatives (MAI) Scheme to act as a catalyst to promote exports on a focus product- focus country approach, so as to evolve specific markets and products through market studies/surveys.
STATUS HOLDER
Status Holder Scheme is for business leaders who have excelled in international trade and have successfully contributed to country’s foreign trade.
An applicant shall be categorized as status holder on achieving export performance during the current and previous three financial years (for Gems & Jewellery Sector the performance during the current and previous two financial years shall be considered for recognition as status holder) as under:


Status Category
Export Performance FOB/FOR
(as converted) Value
(in US $ million)
One Star Export House
3
Two Star Export House
25
Three Star Export House
100
Four Star Export House
500
Five Star Export House
2000
 

 
Privileges of Status Holders

A Status Holder shall be eligible for privileges as under:

 

Provision for self-declaration
Authorisation   and   Customs   Clearances   for   both imports   and   exports  may   be   granted   on   self-declaration basis;
Input-Output Norms
Input-Output norms may be fixed on priority within 60 days by the Norms Committee
Banking related provisions
Exemption from furnishing of Bank Guarantee for schemes under FTP, unless specified otherwise anywhere in FTP or HBP
Exemption from compulsory negotiation of documents through banks. Remittance / receipts, however, would be received through banking channels
Two star and above
Two star and above Export houses shall be permitted to establish Export Warehouses as per Department of Revenue guidelines.
Three star and above
Three Star and above Export House shall be entitled to get benefit of Accredited Clients Programme (ACP) as per the guidelines of CBEC (website:http://cbec.gov.in).
Preferential treatment in handling of consignments
The status holders would be entitled preferential treatment   and   priority   in   handling   of their consignments by the concerned agencies.
Provision for self certification of manufactured goods
Manufacturers who  are  also  status  holders (Three Star/Four Star/Five Star) will be enabled to self-certify their manufactured goods (as per their IEM/IL/LOI) as originating from India  with a  view to qualify  for preferential  treatment  under  different  preferential Trading agreements(PTA),  Free Trade  Agreements (FTAs),   Comprehensive  Economic Cooperation Agreements (CECA)  and Comprehensive  Economic Partnership Agreements (CEPA). Subsequently, the scheme may be extended to remaining Status Holders.
Manufacturer exporters who are also Status Holders shall be eligible to self-certify their goods as originating from India as per para 2.108 (d) of Hand Book of Procedures.
Freely exportable items
Status holders shall be entitled to export freely exportable items (excluding Gems and Jewellery, Articles of Gold and precious metals) on free of cost basis for export promotion subject to an annual limit of Rupees One Crore or 2% of average annual export realization during preceding three licensing years, whichever is lower.
Export of Pharma Products
For export of pharma products by pharmaceutical companies, the annual limit would be 2% of the average annual export realization during preceding three licensing years.
In case of supplies of pharmaceutical products, vaccines and lifesaving drugs to health programmes of international agencies such as UN, WHO-PAHO and Government health programmes. The annual limit shall be upto 8% of the average annual export realisation during preceding three licensing years. Such free of cost supplies shall not be entitled to Duty Drawback or any other export incentive under any export promotion scheme. 
 
 
DUTY EXEMPTION/REMISSION SCHEME.
This Scheme enables exporters’ duty free import of inputs for export production, including replenishment of input or duty remission. 
 
The Duty Exemption Scheme consists of the following:
 

 

Advance Authorisation (AA) (including Advance Authorisation for Annual Requirement)
Allow duty free import of input, physically incorporated in export product, on the basis of Standard Input Output Norms (SION) or Self Declaration. Minimum 15% value addition is required to be achieved. Period for fulfillment of export obligation is 18 months from the date of issue of Authorization.
 

Duty Free Import Authorisation (DFIA)
Issued to allow duty free import of inputs and is exempted only from payment of Basic Customs Duty. Additional Customs Duty/Excise Duty paid may be adjusted as CENVAT credit. Value addition required 20%.
 
 
EPCG SCHEME
 
EPCG Scheme allows import of capital goods for pre-production, production and post-production at Zero customs duty. As per Trade Notice No. 11 dated30.06.2017 under GST Regime, no exemption from payment of IGST and Compensation Cess would be available for imports under EPCG. However, as per Notification No. 35/2015-20 dated 26.09.2018, Capital goods imported under EPCG scheme for physical exports are also exempt from whole of the Integrated Tax and Compensation Cess leviable thereon upto 31st March, 2019.

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