Customs Duty Compliance
At Samrat Consultancy & IT World Pvt. Ltd. we offer comprehensive solutions for all your Customs Duty Compliance needs. Whether you are importing or exporting goods, we ensure that your business meets all the regulatory requirements, minimizing delays and avoiding penalties.
What is Customs Duty Compliance?
Customs duty is a tax imposed on goods when transported across international borders. Compliance with customs duty regulations is critical for businesses involved in the import or export of goods to avoid legal issues and ensure the smooth movement of products.
We provide end-to-end support for businesses dealing with cross-border trade, ensuring smooth customs clearance and compliance with all regulations.
1. Customs Duty Calculation
- Overview: We assist in calculating the appropriate customs duties, taking into account product classification, tariffs, and applicable exemptions.
- Why It’s Important: Accurate duty calculation avoids overpayment and ensures correct compliance with tax regulations.
2. Import/Export Documentation
- Overview: We help businesses prepare and file all necessary import/export documents, including bills of entry, shipping bills, and certificates of origin.
- Why It’s Important: Correct documentation speeds up customs clearance and reduces the risk of delays or rejections.
3. Tariff Classification (HS Code)
- Overview: We assist in classifying goods under the correct Harmonized System (HS) codes for accurate duty calculation.
- Why It’s Important: Correct classification ensures proper duty payments and minimizes disputes with customs authorities.
4. Handling Special Import/Export Licenses
- Overview: We help businesses apply for and manage special licenses required for certain products, such as restricted or controlled items.
- Why It’s Important: Some goods require specific permissions from government authorities before being imported or exported.
5. Post-Clearance Audit Support
- Overview: We offer support in dealing with customs audits, ensuring that your business remains compliant and audit-ready.
- Why It’s Important: Customs authorities may audit your import/export activities, and we help prepare all necessary documentation and responses.
6. Duty Drawback & Refunds
- Overview: We assist businesses in claiming duty drawbacks and refunds where eligible, ensuring they don’t miss out on reclaiming excess customs duties.
- Why It’s Important: This can significantly reduce costs and improve the bottom line for businesses involved in frequent trade.
- Avoid Legal Penalties: Non-compliance with customs regulations can result in hefty fines, delays, or even seizure of goods.
- Efficient Import/Export Operations: Proper customs compliance ensures that your goods clear customs without unnecessary delays, saving time and costs.
- Accurate Duty Payments: We help you calculate the correct customs duties and taxes, avoiding overpayment or underpayment.
Documents Required for Custom Duty Compliances
To initiate the registration process, please prepare the following documents:
Bill of Entry
Mandatory document filed with Indian Customs for importing goods.
Commercial Invoice
Shows details of goods, quantity, value, and exporter/importer information.
Packing List
Describes how items are packed (box-wise details).
Bill of Lading / Airway Bill
Shipping document issued by carrier (sea/air transport proof).
Import License (if applicable)
Required for restricted items as per DGFT guidelines.
Certificate of Insurance
Proof that goods are insured during shipment.
Certificate of Origin
Confirms the country where the goods were manufactured/exported.
Letter of Credit (LC) / Payment Terms
Required if payment is routed through LC.
Test Report (if applicable)
For goods requiring lab tests or compliance checks.
RCMC (Registration-Cum-Membership Certificate)
Needed to avail benefits under Foreign Trade Policy (for exporters/importers of specific goods).
Technical Literature / Industrial License (if required)
For specialized or regulated goods.
Foreign Exchange Declaration (Form A-1 / Bank Documents)
To comply with RBI's foreign exchange norms.
GATT / DGFT Declarations
Required for policy compliance and duty assessment.
Customs Declaration Form
To be signed and submitted to Indian Customs during clearance.
Shipping Bill
Main document for exporting goods from India.
Commercial Invoice & Packing List
With product descriptions, HS codes, and values.
Bill of Lading / Airway Bill
Export License (if applicable)
Certificate of Origin
RCMC (if claiming export incentives)
Letter of Undertaking (LUT) / Bond (for GST-exempt exports)
Authorized Dealer (AD) Code Registration (with Customs)
Why Choose us?
- Expert Guidance: Our team of customs experts ensures that you meet all regulatory requirements and avoid penalties.
- Timely Clearance: We help speed up customs processes, ensuring minimal delays.
- Comprehensive Solutions: From documentation to duty calculation, we provide a full suite of customs services tailored to your business needs.
Get Started with Customs Duty Compliance!
Ensure your goods clear customs smoothly with our expert compliance services.
- Phone: +91 – 9682231047
- Email: samratgroupjnp@gmail.com
- Office Address: Aflepur, Malhani Bazar, Jaunpur, Uttar Pradesh