Restrictions for Imports/Exports

There are restrictions on imports and exports for various strategic, healths, and other reasons. There can be quantitative and qualitative restrictions on the imports and exports. If the goods are not banned, the government can give a permission/license for specific reasons.

PRINCIPLES OF RESTRICTION:

(a) Defend the public morals (b) Protection of human, animal or plant life or health (c) Protection of patents, trademarks and copyrights and the obstruction of deceptive practices (d) Prevention of prison labor (e) Protection of national riches of artistic, historic or archaeological worth (f) Preservation of exhaustible natural resources (g) Protection of trade of fissionable Substance or material from which they are resulting; and (h) Prevention of traffic in arms, ammunition and trappings of war.

LABELING AND MARKING RULES FOR IMPORTS:

Specifies that MRP, generic name of product, month and year of entry in trade channel, importer name and address and amount in standard units must be carried importantly on the "principle display panel" of the of prepackaged goods for retail sale only.

TECHNICAL STANDARDS FOR QUALITY:

The government has subjected imports of certain products to compulsory compliance of Indian Quality Standards. The foreign manufacturers and exporter are compulsory to register with Bureau of Indian Standards (BIS) to meet the terms with this requirement. Quality Standards are not relevant on imports made under Advance Licenses for physical exports published with authentic user condition. Similarly the imports made for re-export purposes are also exempted from the quality standards.

IMPORT OF SECOND HAND GOODS:

All second hand goods are restricted for imports and may be imported only in accordance with the provisions of the Policy, ITC (HS), Public Notice or a license / certificate / permission issued in this behalf.

The following substances may be imported without a license / certificate / permission IUl

  • Second Hand Capital Goods except personal computers, laptops, photocopiers, air-conditioners, diesel- generating sets.
  • Any form of metallic waste, scrap, seconds and defectives, other than those which are of a value below the value specified for any such items by a notification issued in this behalf, and excluding hazardous, toxic waste, radio active contaminated waste/ scrap containing radio active material.
  • Woolens rags / synthetic rags / shoddy wool in completely mutilated form subject to the condition that mutilation must conform to the requirements as specified by the customs authorities.
  • PET bottle / waste
  • Import of all types of ships may be made without a license / certificate / permission on the basis of guidelines issued by Ministry of Shipping and as per the age/residual life norms prescribed by the Ministry of Shipping.

SCOMET ITEMS:

Special Chemicals, Organisms, Materials, Equipments & Technologies (SCOMET) items can be exported/imported from India only against a license issued for this purpose, as per the international bargain for strategic reasons.

AGRICULTURE PERMIT SYSTEM:

The import of agriculture products like Plants / Plant Materials / Fruits / Seeds for Consumption is controlled by the Ministry of Agriculture, by measures of Phyto-sanitary Certificate. The goods upon access into India are subjected to plant quarantine inspection and treatment alongside a fee.

SANITARY IMPORT PERMIT FOR ANIMAL PRODUCTS IMPORTS:

Animal products importers are obliged to fabricate a sanitary permit at the customs gate before entry into the country. Meat and meat products, eggs, milk and milk products, pet food, embryos, ova or semen and other live stock products from livestock are covered.

LICENSE:

Restricted goods can be imported / exported through a license or as per procedure in a public notice for this. Restricted item license / certificate / permission may be granted by the Director General of Foreign Trade or any other licensing authority authorized by him in this behalf. The DGFT / Licensing authority may take the assistance and advice of a facilitation committee. The Facilitation Committee consists of representatives of technical authorities and Departments / Ministries concerned

The DGFT / Licensing authority may take the assistance and advice of a facilitation committee. The Facilitation Committee consists of representatives of technical authorities and Departments / Ministries concerned

What Rajput Jain & Associates Offers

We can assist you in identifying the feasibility of getting a license, planning, documentation, application preparations, representation and coordination with DGFT and various other ministries and departments, till you finally get the approval/license.

Happy Customers

200+

Projects Completed

550+

Serving Since

2009

Contracts Signed

700+

Learning Center

Rajput Jain & Associates

India's Largest Business Services Platform

Private Limited Companies are those types of companies where minimum number of members is two and maximum number is two hundred. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc., The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.

Download Company Profile

AITC (Association of Internation Tax Consultants)

We are the exclusive member in India of the Association of International Tax Consultants, an association of independent professional firms represented throughout Europe, US, Canada, South Africa, Australia and Asia.

AITC

Enquire Us

Please send us your query and we feel very happy helping you

Testimonials

  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

    A US consultancy group

  • Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.

    A Leading Service Provider

  • We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.

    A Leading Consultancy Firm in Dubai

Clients we are serving

​Just to name a few; we serve 300+ clients across the Globe

RJA Social Network

There is a Planty You Can Find...
Just follow our blog, facebook page and other social media profiles

Knowledge Zone

Publications

Publications

Press Releases

Press Releases

Newsletters

Newsletters

Archives

Archives

Photo Gallery

Photo Gallery

Our Videos

Our Videos

Legal Disclaimer--

The information contained on this website merely provides details of our firm to persons who have shown interest in knowing more about us and is not intended to solicit work or advertise our capabilities in any manner. The information provided on this website is general in nature and should not be used as a basis of decision-making without further professional advice. The third party site links are only provided for ready reference of the users and CA Rajput Jain & Associates neither controls their content nor undertakes any responsibility regarding them.

© 2016 Rajput Jain & Associates | All Rights Reserved