This is by far the more cumbersome of the two processes as a result of an Import Export policy designed to protect the Indian Economy. The Customs, GST & Central Excise act governed under Central Board of Indirect Taxes releases the tariff policy covering virtually all items imported into India under 98 Chapters with numerous headings. The headings are 8 digit nos. As per international norms & each heading attracts a different rate of duty. In addition to this, the government issues notifications from time to time, offering concessions in the same with respect to certain classes of goods which it deems necessary for various reasons.
It is therefore imperative that the customs broker/ customs house agent has an in-depth & clear understanding of the same in order to guide the importers on the best alternatives available to them. SEASHELL by virtue of keeping a close & constant touch with key personnel in the customs houses on Pan India basis, always ensures that the company is up to date on such changes.
