IMPORT OF GOODS, Goods and Services Tax - GST

[PraveenKumar mekalacheruvu]

CAN I KNOW THE WHAT IS THE PRATICAL PROCEDURE FOR THE IMPORT OF GOODS? WHAT ARE THE TAXES HAVE TO PAY AND WHAT ARE THE DOCUMENTS HAVE TO BE SUBMITTED?

Posts / Replies

[YAGAY andSUN]

You would have to apply for IEC from DGFT and BIN will be transmitted by default to Customs Department by DGFT. You cannot import any prohibited goods whereas restricted goods can be imported on the basis of consents/authorization/permissions from DGFT and other ministries. Documents are

Invoice, Packing list, CoO, Insurance, Bill of Lading/AWB