IEC (Import Export Code) Registration
An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC unless specifically exempted.
Documents required for IEC (Import Export Code) Registration
- Individual's or Firm's or Company's copy of PAN Card.
- Individual's voter id or Aadhar card or passport copy.
- Individual's or company's or firm's cancel cheque copies of current bank accounts.
- Copy of Rent Agreement or Electricity Bill Copy of the premise.
An import permit ensures that the goods you intend importing, conform to the safety, quality, environmental and health requirements of the country. They must also comply with the provisions of international agreements. Import permits also help to control the inflow of goods of a strategic nature or smuggled goods.
Certificate of Conformity
A certificate of conformity, mandating that products be analyzed and tested by an authorized third party, is required by some countries—usually for certain kinds of manufactured goods. It is the exporter's responsibility to ensure that its products are tested in accordance with the requirements of the country the products are being shipped to.
Certificate of Origin
Because the applicable rate of duty is often connected to where a product is shipped from, the customs authorities of most countries require the presentation of a certificate of origin to ensure that the shipment complies with any free trade agreements or applicable regulations or duties. Certificates of origin for products made in the United States can be obtained from a number of third party organizations, such as the U.S. Chamber of Commerce.
Inspection Certification
Inspection certification is required by some purchasers and countries to attest to the specifications of the goods shipped. The inspection is usually performed by a third party, often an independent testing organization. Certificate of Inspection is a document certifying that the concerned merchandise (including perishable goods) was in good condition immediately prior to its shipment. The Certificate of Inspection is an inspection report or report of findings and is required by some importers or importing countries
Insurance Certificate
"An insurance certificate is one of the most important documents for a U.S. exporter to have because they inherently carry the most risk," says Fong. "Having a certificate of insurance assures the consignee that loss or damage to cargo during the shipment process will be covered."
The bottom line for American exporters is that it is important to ensure that both internal team members and shipping partners pay attention to the details when it comes to preparing the documentation for international shipments. Being proactive about the documentation related to your exports will help minimize the risk of everything from higher duties because your product is misclassified to finding out that your shipment is stuck at customs in a country halfway around the world.
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