What is the Procedure for importing goods through Post offices in India
What is the Procedure for importing goods through Post offices in India.
There are many queries to me asking about import via post office, whether import and export through post office is allowed? What are the formalities of import through post? How import duty is calculated if sending through post office? How to assess the value of goods under import through post office? How to inspect parcels under import through posts? How does customs officials involve in import through post etc. etc.
In India, import through post is permitted subjected to prohibition or restrictions. Such shipment through post should be routed via foreign post offices. As regular shipments, import through post also carries way bill mentioning with details of parcel. Customs officials are deputed to handle such imports through post offices. After necessary examination of goods by the authorities, if no contraband is found, the parcel can be delivered to addressee, if no duty is attracted against such goods. If any dutiable items imported through post, customs officials indicates the amount of duty to be paid. Such duty is collected from the addressee before delivering parcel to them after collecting postal service charges if any.
If customs officials require any supporting documents on import clearance, addressee is called up on for such documents and after necessary satisfaction on assessment and inspection, the parcels are cleared.
How does the time of levying duty on parcels imported by post?
The date of determining the duty on goods imported by post is the date on which the postal authorities present to the concerned officer of customs. This is the date on when the postal authorities present the details of list of parcels to the proper office of customs for assessing the value of goods and inspection. If such goods arrived by vessel or flight through post office and the list of goods is presented before the date of arrival of goods to the customs authorities by the postal department authorities, the rate of duty will be taken in to account on the date of arrival of vessel (ship) and not before
You can also read
The date of determining the duty on goods imported by post is the date on which the postal authorities present to the concerned officer of customs. This is the date on when the postal authorities present the details of list of parcels to the proper office of customs for assessing the value of goods and inspection. If such goods arrived by vessel or flight through post office and the list of goods is presented before the date of arrival of goods to the customs authorities by the postal department authorities, the rate of duty will be taken in to account on the date of arrival of vessel (ship) and not before
You can also read
difference-between-softex-and-gr-forms
At last I will tell you if you don't read a intelligent investor book you must read this is advice you definitely enjoy it also helps you a lot. If you don't have the book you can buy I suggest must must read it.
At last I will tell you if you don't read a intelligent investor book you must read this is advice you definitely enjoy it also helps you a lot. If you don't have the book you can buy I suggest must must read it.
0 Comments