DOCUMENTS PAYMENT SHYAM DHAL DIRECTOR DEPARTMENT OF CUSTOMS
Jan 16, 2016
DOCUMENTS PAYMENT
SHYAM DHAL
DIRECTOR
DEPARTMENT OF CUSTOMS
Customs Offices
North South Total
10 19 +Airport = 20 30
Sub Customs 7 136 +Post office= 137 144
Total 17 157 174
Main
Customs
• AGREED ROUTE FOR MUTUAL TRADE TO INDIA – 22 ENTRY POINTS (Treaty of Trade)
• TRAFIC ON TRINSIT VIA CALCUTTA – 15 POINTS (Treaty of Transit)
• BASIS OF CUSTOMS VALUATION– FOB FOR EXPORT
– CIF FOR IMPORT
– BUYING RATE FOR EXPORT
– SELLING RATE FOR IMPORT
• EXCHANGE RATE APPLICATION : DATE OF CUSTOMS CLEARANCE.
EXPORT IMPORT
INDIA OVERSEASE INDIA OVERSEASE CHINA (TIBET)
INDIAINDIA OVERSEASOVERSEAS
Local
DRP
In Bond
TIBETTIBET BHUTANBHUTAN
1. Bhansar Pragyapan Patra (BPP)
2. Invoice
3. Packing List
4. Other specific documents, Certificate etc. required by existing rule
5. Nepal Invoice (In Bond Form)
6. Bi. bi.ni. form no. 4
6. Nepal Invoice
Export
INDIA OVERSEASE
Export
INDIA OVERSEASE
1. Bhansar Pragyapan Patra (BPP)
4. Commercial Invoice
2. Packing List
3. Certificate of origin
5. Other specific documents,
certificate, etc
1. Bhansar Pragyapan Patra (BPP)
2. Commercial Invoice
4. Packing List
5. Certificate of origin
8. CTD form
3. Mode of Payment
6. Bibini form
7. GSP Form
9. Other specific documents, certificate, etc
1st Page 2nd Page 1rd Page
Nest Page of Invoice
Front Page Back Page
INDIA OVERSEAS
EXPORT IMPORTIMPORTEXPORT
TIBET
EXPORT IMPORT
BHUTAN
INDIA - EXPORT
• WITHOUT MODE OF PAYMENT
• LETTER OF CREDIT
• DRAFT TT
INDIA - IMPORT
• WITHOUT MODE OF PAYMENT
• LETTER OF CREDIT– IN DOLLAR FOR CERTAIN
COMMODITIES– IN INDIAN RUPEES
• DRAFT TT
• ADVANCE PAYMENT
OVERSEAS - EXPORT• LETTER OF CREDIT (10% deposit &
cheque in favor of Customs)
• DRAFT /TT
• ADVANCE PAYMENT (Issued by Bank)
OVERSEAS - EXPORT• Cash Against Document (CAD)
– 10% security– Up to US $ 2,00,000– Export = overseas
• Back to Back– Raw material import (CLOTH)– Payment by finished product (garment)– Import from India = o.k.– Export = overseas
• CMPT (Cutting, Manufacturing, Trimming and Profit)
– 35% VALUUE ADD IN fob.
OVERSEAS - IMPORT
• LETTER OF CREDIT
• DRAFT /TT UPTO US$ 50,000
• DOCUMENT AGAINST PAYMENT
OVERSEAS – IMPORT-TIBET
• BARTER (FOR SPECIFIC COMMODITIES)
• CASH US$ 3000
• DRAFT /TT UPTO US$ 50,000 (10% DEPOSIT)
• LETTER OF CREDIT (10% DEPOSIT)
• CREDIT (10 PERCENT IN CUSTOMS)
BHUTAN – EXPORT/IMPORT
• LC IN INDIAN CURRENCY ONLY
IMPORT LINKS• FOR CUSTOMS REGULATION
www.customs.gov.np
• FOR FOREIGH EXHANGE REGULATION
www.nrb.org.np