Falcon18 Imports Pvt Ltd

The importer of the goods should file a bill of entry (customs copy) electronically for the clearance of the goods, before or on the arrival of the goods. In the bill of entry, the duty and taxes to be paid are assessed by the importer himself and this is called self-assessment.

For clearance of export goods, the export or his agents have to undertake the following formalities: Registration: The exporters have to obtain a PAN-based Business Identification Number(BIN) from the Directorate General of Foreign Trade prior to the filing of shipping bill for clearance of export goods.

Clearing agents or a customs border clearance agency ensure legal and quick passage through border agencies. They do this by managing customs inspections, dealing directly with the customs officers, and negotiating customs duty with local customs authorities depending on the cargo and country.