Custom Clearing Consultant Hard Binding

Following the principles of sincerity in our business operations, we are
trusted Custom Clearing Consultant. Our services include maintaining
the validity and legal documentation that is required for goods transportation. All our Customs Clearance is provided by proper updated rules & regulations which helps those in clearing the air, sea and road consignment without any difficulty. Further, we Custom Clearing Consultant provides reliable services to our customers at best charges.

Features:

• No false information
• Accurate paper work
• Safe and secure

Further details:

Valuation

Most of the import duties and export incentives are based on the value of the goods imported or exported as the case may be.

The valuation is as per the customs guidelines for which the governing provisions are:
Aca Ac Section 14 of the Custom Act 1962
Aca Ac Customs Valuation (Determination of Value of Imported Goods) Rules 2007
Aca Ac Customs Valuation (Determination of Value of Export Goods) Rules 2007

Primarily the declared transacted value is accepted as value of the goods (except in specific cases). However the customs may not accept the declared value based on various reasons such as :--
Aca Ac Related party transactions
Aca Ac Significantly higher value of comparable identical/similar goods imported at or about the same time
Aca Ac Abnormal / specific and special discounts.
Aca Ac The mis-declaration/ non-declaration of specified parameters.

The export valuation rules have been introduced recently only and the implications on the supply chain and financial aspects of the business are not fully understood but it is advisable to carry out an analysis on the business transactions to avoid any compliance issues.

Re-Exports and Re-Imports

Re-Exports:
Aca AcExport of Imported Goods:in the same or substantially the same form may be made without a license / certificate / permission provided that the item to be imported or exported is not mentioned as restricted for import or export in the ITC (HS). Goods, including those mentioned as restricted item for import (except prohibited items) may be imported under Customs Bond for export in freely convertible currency without a license / certificate / permission provided that the item is freely exportable without any conditionality / requirement of license / permission as may be required under ITC (HS) Schedule II. If the goods have to be exported after having been paid duty, for reasons of being defective or unusable etc, they can be exported under drawback.
Aca AcImport on Export basis:New or second hand capital goods, equipments, components, parts and accessories, containers meant for packing of goods for exports, jigs, fixtures, dies and moulds may be imported for export without a license / certificate / permission on execution of Legal Undertaking / Bank Guarantee with the Customs Authorities provided that the item is freely exportable without any conditionality / requirement of license / permission as may be required under ITC (HS) Schedule-II.