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22.3.15

Foreign Trade-Only 3 docs required for Export/Imports

As per the recent notification dtd 12.03.2015 by Central Govt, with effect from 1st April, 2015, only three documents each {as given in para (a) & (b) below} would be mandatory for exports and imports.

The new Para 2.53 of Foreign Trade Policy, 2009-14 reads as follows-

“The following mandatory documents are prescribed for exports and imports of goods from/into India:

(a) Mandatory documents required for export of goods from India:

1. Bill of Lading/Airway Bill
2. Commercial Invoice cum Packing List*
3. Shipping Bill/Bill of Export

(b) Mandatory documents required for import of goods into India

1. Bill of Lading/Airway Bill
2. Commercial Invoice cum Packing List*
3. Bill of Entry

[Note: *(i) As per CBEC Circular No. 01/15-Customs dated 12/01/2015.

(ii) Separate Commercial Invoice and Packing List would also be accepted.]

(c) For export or import of specific goods or category of goods, which are subject to any restrictions/policy conditions or require NOC or product specific compliances under any statute, the regulatory authority concerned may notify additional documents for purposes of export or import.

(d) In specific cases of export or import, the regulatory authority concerned may electronically or in writing seek additional documents or information, as deemed necessary to ensure legal compliance.”

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