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Import Made Easy
by P. Veera Reddy, P. Mamatha
Edition: 6th Edition, 2012
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Product Details:
Format: Paperback
Pages: 311 pages
Publisher: Commercial Law Publishers
Language: english
Shipping Weight: 2.000(Kg)
Date Added: 2007-10-29
Search Category: Lawbooks
Jurisdiction: Indian

We are really happy to see second edition in your hands and we are deeply indebted to readers.

Globalisation, liberalisation, and Information Technology have transformed the world into a global village. No country can remain self-sufficient. Interdependence is indispensable. What we have in excess has to be exported and what is in shortage is to be imported.

In the fast changing international trading scenario, India with its large skilled work force, growing domestic market, availability of raw material and the emergence of a mature supply base is set to gain enormously from this trend. India is all set to become a major player in the world trade and a global hub.

There is a sea change in the mindset of policy makers and traders and manufacturers. Quota-raj and permit-raj have been replaced by business friendly laws with ever expanding list of concessions, sops, incentives etc.

Foreign Trade is not confined to customs alone. Many other agencies are involved. All aspects relating to exports like clearances from DGFT, RBI, FEDAI Rules, FEMA, Customs, Excise, Service Tax, Income Tax, VAT, etc. are explained precisely and lucidly. General issues are also addressed appropriately.

A novel attempt has been made to provide one-stop solution for all problems.

It can be proudly said that it is also the first book of this kind. The presentation of the subject in this book is unique and user-friendly. Readers are hoped to feel at home in handling many day-to-day practical problems. Students get into ready-to-answer mode for many questions being asked in the examinations. All practically useful aspects of the Foreign Trade Policy are dealt in a user-friendly manner. The topics and the contents are so arranged and explained that the entire subject will be on the finger tips of the reader. It guides the importers in their day-to-day requirements and adorns the desk-tops of the readers in solving readily the queries that crop-up. We hope to bring out many successive, enlarged enriched and revised editions of this book within very short time.

We are grateful to Mr. S. Suryanarayana, Director, time.

We are grateful to Mr. S. Suryanarayana, Director, SCM, Dr. Reddy's Laboratories, Hyderabad for editing the book.

We are also deeply grateful to Mr. R.A. Garg of Commercial Law Publishers (I) Pvt. Ltd. who has shown spirited enthusiasm and enterprise in bringing out this edition. We are beholden to all the readers for their comments and valuable suggestions.

Table Of Contents:
Chapter 1--Trend in Import Trade 1
Chapter 2--Import Data Bank 4
Chapter 3--Preliminaries 9
Chapter 4--Import Management 12
Chapter 5--Restrictions/Prohibitions 15
Chapter 6--Incoterms 2000 19
Chapter 7--Import Export Code (IEC) Number 22
Chapter 8--Registration-cum-Membership Certificate (RCMC) 33
Chapter 9--Common Business Identifier-Pan Based 34
Chapter 10--Import Trade Control (ITC) Restriction 37
Chapter 11--General Provisions Regarding Imports & Exports 38
Chapter 12--Import Finance 46
Chapter 13--Letter of Credit 51
Chapter 14--Import General Manifest 56
Chapter 15--Certificate of Origin 80
Chapter 16--FAQs on Imports 84
Chapter 17--Bill of Entry 108
Chapter 18--Valuation 137
Chapter 19--Types of Customs Duties 145
Chapter 20--Self-Assessment 149
Chapter 21--Provisional Assessment 153
Chapter 22--Accredited Clients Programme (ACP) 157
Chapter 23--Risk Management System (RMS) 170
Chapter 24--Accredited Status 174
Chapter 25--Levy & Collection of Duty 175
Chapter 26--Clearance of Cargo 182
Chapter 27--Loading, Unloading & Storage of Goods 188
Chapter 28--Warehousing 190
Chapter 29--Bonds & Bank Guarantees 202
Chapter 30--Marine Insurance 208
Chapter 31--Date of Shipment/Despatch 209
Chapter 32--RBI on Import of Goods & Services 211
Chapter 33--RBI on Liberalisation of Import Procedures 236
Chapter 34--Postal Imports & Exports 238
Chapter 35--Courier Imports & Exports 239
Chapter 36--Project Imports 241
Chapter 37--Re-Import 249
Chapter 38--Samples 252
Chapter 39--Imports By NRIs 256
Chapter 40--Baggage & Travellers Guide 258
Chapter 41--Offences & Penalties 272
Chapter 42--Compounding of Offences Under Customs 279
Chapter 43--Duplicate Copies 285
Chapter 44--Merchant Overtime Fee (MOT) 287
Chapter 45--Duty Exemption & Remission Schemes 289
Chapter 46--Export Promotion Schemes 291
Chapter 47--Unclaimed/Uncleared Cargo 292
Chapter 48--Hazardous Waste 295
Chapter 49--Scomet Items 296
Chapter 50--Appeals 299
Chapter 51--Settlement Commission 304
Chapter 52--Grievance Redressal Mechanism 306

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