Question

Explain briefly the steps involved in Import Procedure.​

Answer 1

Answer:

Obtain IEC. ...

Ensure legal compliance under different trade laws. ...

Procure import licenses. ...

File Bill of Entry and other documents to complete customs clearing formalities. ...

Determine import duty rate for clearance of goods.

Answer 2

Question:

Explain briefly the steps involved in Import Procedure

answer:

important procedure:

1. Obtain IEC
2. Ensure legal compliance under different trade laws
3. Procure import licenses
4. File Bill of Entry and other documents to complete customs clearing formalities
5. Determine import duty rate for clearance of goods

What is procedure to import goods in India?

Typically, the procedure for import and export activities involves ensuring licensing and compliance before the shipping of goods, arranging for transport and warehousing after the unloading of goods, and getting customs clearance as well as paying taxes before the release of goods.

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