Import licence
Urjit Shukla
(Querist) 29 August 2009
This query is : Resolved
Dear friends, plz let me know How to apply for Import Licence? In Gujarat where should I have to apply? Plz reply step wise. Thanks
A V Vishal
(Expert) 29 August 2009
Imports in to India are governed by Foreign Trade (Development & Regulation) Act 1992. Under this Act, imports of all goods is Free except for the items regulated by the policy or any other law for the time being in force.In exercise of the powers conferred by the Foreign Trade (Development & Regulation) Act 1992 the Government has issued the following Rules & Order:
Foreign Trade(Regulation)Rules, 1993, which inter alia, provide for grant of special licence, application for grant of licence, fee, conditions for licences, refusal of licence, amendment of licence, suspension of a licence, cancellation of licence, declaration as to the value and quality of imported goods, declaration as to the Importer- Exporter Code number, utilisation of imported goods, provisions regarding making, signing of any declaration/statement or documents, power to enter the premises and inspect, search and seizure of goods, documents, things and conveyance, settlement, confiscation and redemption and confiscation of conveyance.
Foreign Trade (Exemption from Application of Rules in Certain Cases) Order 1993
Notifications under Foreign Trade (Development & Regulation) Act 1992.
Import Export Policy
The present import policy and procedures in respect of various commodities/category of importers, are, inter alia, contained in the following publications issued by the Ministry of Commerce and revised from time to time:
Import - Export Policy, 1997-2002 as modified upto 31.03.1999
Handbook of Import - Export Procedures(Volume 1), 1997-2002 as modified upto 31.03.2000.
Handbook of Import - Export Procedures: (Volume 2) Duty Exemption Scheme:
Input - Output and Value Addition Norms, 1997-2002.
ITC(HS) Classification of Import and Export Items.
Notifications and Circulars
The Import - Export Policy and Procedure books issued by the Government are amended/clarified/ explained by the Ministry of Commerce from time to time. The types of Notifications/Clarifications/Instructions issued by the Ministry for this purpose are:
Public Notices.
Notifications
Policy Circulars
Select the commodity/Product you wish to import :
Be aware of the import potential and the commercial viability of the commodity/product.
Check whether the items of your interest fall in the Restricted list of ITC(HS) Classifications of Exports & Imports items.
Prohibited items are not permitted to be imported at all. List of Prohibited items of import are detailed below:
Tallow, Fat or Oils rendered, unrendered or otherwise of any animal origin, animal rennet and wild animals including their parts and products and ivory any part and products, including ivory.
For import of items appearing in Restricted list you need secure import licence. Third category of items comes under the Canalised list of items. Import of items included in Canalised list are permitted to be imported through Canalising Agencies.
Thus items not appearing in Prohibited list, Restricted list and or in Canalised list can be imported Freely without any import licence. A large number of Consumer goods are freely importable without licence.
Registration with Regional Licencing Authority and obtaining IEC Code
Registration with Regional Licensing Authority:
Registration with Regional Licensing Authority is a pre-requisite for import of goods. The Customs will not allow clearance of goods unless:
The importer has obtained IE Code Number from Regional Licensing Authority. However, no such registration is necessary for persons importing goods from/ to Nepal provided Value of a single Consignment does not exceed Rs. 25000/=
Obtaining IEC Code Number
An application for grant of IEC Code Number should be made in the prescribed proforma given at Appendix 3.I. The application duly signed by the applicant should be supported by the following documents:
Bank Receipt (in duplicate)/demand draft for payment of the fee of Rs.1000/- Certificate from
