Before importing one should take care of the below points for a fair and smooth import:<\/p>\n
The HS code determines duty rates and compliance requirements. A wrong HS code can either increase your costs or lead to customs objections. Before placing an order, verify whether the product is freely importable or needs a DGFT license. Many products require certifications from BIS, FSSAI, CDSCO, WPC, or Plant\/Animal Quarantine. Certain categories cannot be shipped without an inspection at the origin. Customs may enhance the declared value if it appears under-invoiced. Some items attract extra duties to protect Indian industries. Using a valid Certificate of Origin can significantly reduce duty. INCOTERMS decide who pays for freight, insurance, and risks. Choosing the right supplier prevents fraud, delays, and quality issues. Some goods require specific labeling before clearance. Missing or incorrect documents cause major delays. Importers must calculate the full landed cost including Basic Customs Duty (BCD), Social Welfare Surcharge (SWS), Anti-Dumping Duty (ADD), Safeguard Duty, Protective duty, IGST, and port charges. Some items need prior DGFT approval. Imports from certain countries face special rules or are not allowed. Goods like cosmetics, food, and electronics may require testing before release. Customs actively monitors for counterfeit goods. Import duty rates change through Customs and Budget notifications. Not all ports allow clearance of all products. Goods must be insured appropriately depending on the INCOTERMS. Some products require registration or certification even after the import. The above needs to be cross-checked with DGFT and Indian Trade Portal.<\/p>\n Other important actions for risk mitigation:<\/p>\n Points to Take Care of while Importing in to India Before importing one should take care of the below points for a fair and smooth import: Correct HS Code Classification The HS code determines duty rates and compliance requirements. A wrong HS code can either increase your costs or lead to customs objections. Example: Classifying\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":2139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,404,403],"tags":[],"class_list":["post-2138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iiiem","category-import-importing","category-import-importing-cautions-import-business-international-business"],"_links":{"self":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/comments?post=2138"}],"version-history":[{"count":1,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2138\/revisions"}],"predecessor-version":[{"id":2140,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/2138\/revisions\/2140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media\/2139"}],"wp:attachment":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media?parent=2138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/categories?post=2138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/tags?post=2138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nExample:<\/strong> Classifying mobile chargers under the wrong HS code may require unnecessary certifications.<\/p>\n\n
\nExample:<\/strong> Used medical equipment falls under the Restricted category and needs special approval.<\/p>\n\n
\nExample:<\/strong> LED bulbs require mandatory BIS CRS registration.<\/p>\n\n
\nExample:<\/strong> Metal scrap requires a Pre-Shipment Inspection Certificate (PSIC).<\/p>\n\n
\nExample:<\/strong> Low-priced T-shirt imports can trigger valuation disputes.<\/p>\n\n
\nExample:<\/strong> Steel fasteners from China are subject to anti-dumping duty.<\/p>\n\n
\nExample:<\/strong> Imports from ASEAN countries may qualify for reduced duty under the ASEAN-India FTA.<\/p>\n\n
\nExample:<\/strong> Under CIF, the seller pays for freight and insurance; under FOB, the importer must arrange them.<\/p>\n\n
\nExample:<\/strong> Very low-priced bearings may turn out to be refurbished unless verified.<\/p>\n\n
\nExample:<\/strong> Imported food items must have labels with ingredients, FSSAI number, and MRP.<\/p>\n\n
\nExample:<\/strong> Without a Certificate of Origin, an importer may lose FTA duty benefits.<\/p>\n\n
\nExample:<\/strong> A CIF value of $1,000 may end up costing \u20b91,80,000+ after duties and charges.<\/p>\n\n
\nExample:<\/strong> Drone components require an import license.<\/p>\n\n
\nExample:<\/strong> Imports from Pakistan are prohibited.<\/p>\n\n
\nExample:<\/strong> Cosmetic products often need CDSCO testing for compliance.<\/p>\n\n
\nExample:<\/strong> Branded handbags without authorization may be seized for IPR violations.<\/p>\n\n
\nExample:<\/strong> Duty on textile machinery may be revised suddenly based on government policy.<\/p>\n\n
\nExample:<\/strong> Certain medical devices can only be imported through designated ports.<\/p>\n\n
\nExample:<\/strong> Under FOB, the importer must arrange marine transit insurance.<\/p>\n\n
\nExample:<\/strong> Pharmaceutical equipment may need post-import CDSCO registration before sale.<\/p>\n\n
\n
\n
\n
\n