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HS-Code Requiring Licensing

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Last Update:
20-06-2017 09:58
FAQ
There are no translations available.

Do mix payments allowed?
There are no translations available.

Yes, People can do the payments on L/C, D/P, D/A and Advance payment.

Can applicants make payments on open account?
There are no translations available.

At the moment this is not an approved payment term but now on consideration.

Is Import and Export Control Department approval required to do an advance payment through a L/C?
There are no translations available.

No, it is not needed required.

Do we need to get approval from the Import and Export Control Department to remit over 50,000 USD as an advance payment?
There are no translations available.

Import and Export Control approval is not needed, but you have to submit a bank guarantee
from the supplier to the bank as mentioned in the Extraordinary Gazette No: 1681/1 , 22-11-2010

Is it needed to remit the advance payment, before the shipment of goods?
There are no translations available.

According to the gazette notification No 1681/1, 22-11-2010 you have to remit advance payment
before the arrival of goods

Last Updated on Wednesday, 30 March 2011 07:49