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How to check Import or Export policy for any particular product I choose for EXIM ?

Kishan Barai
Import-export policy: check product HS code on trade portals to determine free, restricted, or prohibited status and licence needs. Guidance instructs querying the product HS Code on designated portals, selecting import or export, choosing the matching product description and trading partner country, and reviewing the policy label. If labelled Free, only an IEC is needed; if Restricted, specified licences or certifications are required; if Prohibited, trade is not permitted. Two online sources are identified for verification and further assistance is suggested. (AI Summary)

You may like to visit Indian Trade Portal to get information on Import Duty and Free Trade Agreements. 

http://www.indiantradeportal.in

Import

Step.1 You may like to enter your product HS Code and click on the find tab.
Step.2 You may click on the import tab.
Step.3 Check the product description and select a product similar and click on the next tab.
Step.4 Select a country for your imports and click on the next tab.

Export

Step.1 You may like to enter your product HS Code and click on the find tab.
Step.2 You may click on the Export tab.
Step.3 Check the product description and select a product similar and click on the next tab.
Step.4 Select a country for your Export and click on the next tab.

If you follow above steps you will find product policy.

If you find the products are mentioned as 'Free' then only IEC code is enough for exports. 

If you find the products are mentioned as 'Restricted' then another licence like RCMC, Drug Licence, Pollution Control board, BIS Certification would be required, it would be mentioned. 

&

If you find that your products are marked as 'prohibited' in policy then you could not trade such items. 

But most products are termed as FREE for exports, so No Worries in it!!!

Moreover, we can also check the product Export-Import Policy via https://www.icegate.gov.in

'Kindly do connect with us via Whatsapp for any help'

Cordially Yours,

Kishan Barai

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Raghunandhaanan rvi on Aug 2, 2018

Sir,

Article is nice and informative

Thanks

Kishan Barai on Aug 2, 2018

Welcome

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