Custom Clearance

Custom clearance is basically the act of taking goods through the customs authority to facilitate the movement of cargo or freight inside (import) and outside (export) the country. Custom clearance is a necessary procedure before goods can be imported or exported internationally. If a shipment is cleared, then the shipper will provide documentation confirming customs duties that are paid and the shipment can be processed. Every country imposes import duties and taxes on goods crossing their borders. This helps to generate income, protect the economy, environment, and the citizenry. Ventrans group provides complete customs clearance solutions.

Benefits of Custom Clearance Services

 

• • Prevents Smuggling of Goods:-By having custom clearance services in a country any form of smuggling of goods is prevented. For example, individuals traveling from Dubai and Middle Eastern countries are not allowed to bring gold into India. Even if an individual purchases gold in Dubai they would have to provide proof of purchase such as a bill. However, customs authorities in India would only permit a limited quantity of gold in the country.

 

• • Prevents Money Laundering:-Having custom clearance services in the country would also prevent money laundering and bringing of foreign currency into India. Through this, the number of foreign exchange reserves can be preserved in the country.

 

• • Helps in Maintaining the Integrity of the Country:-Through these services the integrity of the country can be protected. For example, only permitted goods would be allowed to be exported outside the country. There are certain goods that are prohibited in the country. Hence by having such services the national integrity of the country would be preserved.

 

• • Checks Supply:-By maintaining custom clearance services, the country can check the number of goods sent outside India. Official data related to the supply of goods can be tracked through such processes.

 

• • Protection of Animal and Human Health:-By having customs clearance services in the country, there can be constant checks on animal and human trafficking in the country. There have been various cases of human trafficking which have occurred in the past. However, this has been effectively solved through having custom clearance services.

 

• • Helps in Maintaining the Quality of Goods and Products:-By having custom clearance services in India the quality of goods and products which are imported to India would be maintained. Proper standards related to quality products would be secured through this service.

 

• • Improves Foreign Trade:-Custom Clearance Services would improve the amount of foreign trade with a particular country. For example, goods would be sent to the European Union (EU) and the USA. Through this, different forms of trade relations would be developed with foreign countries. This would improve the amount of foreign trade with India.

List of Documents required for Exports Customs Clearance

1- ProForma Invoice
2- Customs Packing List
3- Country of Origin or COO Certificate
4- Commercial Invoice
5- Shipping Bill
6- Bill of Lading or Airway Bill
7- Bill of Sight
8- Letter of Credit
9- Bill of Exchange
10- Export License
11- Warehouse Receipt
12- Health Certificates

List of Documents required for Imports Customs Clearance

1- Bill of Entry
2- Commercial Invoice
3- Bill of Lading or Airway Bill
4- Import License
5- Certificate of Insurance
6- Letter of Credit or LC
7- Technical Write-up or Literature (Only required for specific goods)
8- Industrial License (for specific goods)
9- Test Report (If any)
10- RCMC Registration cum Membership Certificate
11- GATT/DGFT declaration
12- DEEC/DEPB/ECGC License for duty benefits