Specifying documents required for Export and Import

Dated March 12, 2015 | Notification No. 114 (RE-2013)/2009-2014 | S.O.(E) In exercise of the power conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby inserts a new Para 2.53 of Foreign Trade Policy, 2009-14: 2. Para2.53: The following mandatory documents are prescribed for exports and imports of goods from/into India: (a) Mandatory documents required for export of goods from India: 1. Bill of Lading/Airway Bill 2. Commercial Invoice cum Packing List* 3. Shipping Bill/Bill of Export (b) Mandatory documents required for import of goods into India 1. Bill of Lading/Airway Bill 2. Commercial Invoice cum Packing List* 3. Bill of Entry [Note: *(i) As per CBEC Circular No. 01/15-Customs dated 12/01/2015. (ii) Separate Commercial Invoice and Packing List would also be accepted.] (c) For export or import of specific goods or category of goods, which are subject to any restrictions/policy conditions or require NOC or product specific compliances under any statute, the regulatory authority concerned may notify additional documents for purposes of export or import. (d) In specific cases of export or import, the regulatory authority concerned may electronically or in writing seek additional documents or information, as deemed necessary to ensure legal compliance. (e) This Notification shall come into effect from 1st April, 2015. 3. Effect of this Notification: Only three documents each {as in para 2.(a) & (b above} would be mandatory for exports and imports.

(Pravir Kumar) Director General of Foreign Trade

F.No.01/93/180/23/AM-15/PC-2(B) Issued by: Ministry of Commerce and Industry Directorate General of Foreign Trade New Delhi   Source: DGFT Original release

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The Dollar Business Bureau - Mar 12, 2015 12:00 IST