Under the Indian Customs Law the Customs Department allows provisional release of a shipment if the documents submitted are not sufficient for making a final assessment. For provisional assessment the importer may be called upon to furnish a Bond / Undertaking or a Bank Guarantee. Learn more... about these bonds.
Are you aware that there are more than 20 stages to be gone through before a shipment gets cleared from Customs. Learn in details the customs clearance procedure for import shipments and export shipments. Duty structure is quite complicated under the Indian Customs Tariff Act. We bring to you a ready reckoner table for gross duty calculation ….. more.......