Certificate of origin Cargo release order Commercial invoice Certificate of origin Customs export declaration Commercial invoice Inspection report Customs import declaration Packing list Inspection report Technical standard/health Packing list certificate Technical standard/health Terminal handling receipts certificate Terminal handling receipts Nature of Export Procedures Duration (days) US$ Cost Documents preparation 8 350 Customs clearance and technical 2 120 control Ports and terminal handling 3 175 Inland transportation and handling 4 300 Totals: 17 945
Nature of Import Procedures Duration (days) US$ Cost
Documents preparation 8 390
Customs clearance and technical 4 120 control Ports and terminal handling 6 200 Inland transportation and handling 3 250 Totals: 20 960 Duty entitlement passbook scheme extended till December 2010 Extension of sops for export-oriented units till March 2011 Export target of $200 billion set for 2010-11 Growth target of 15 percent for next two years, 25 percent thereafter Inter-ministerial group to address issues raised by exporters Obligation under export promotion capital goods scheme relaxed Permission for tax refund scheme for jewellery sector No fee on grant of incentives to cut transaction costs Steps to help exporters reduce transaction costs Plan for diamond bourses in the country Single-window scheme for farm exports Re-export of unused leather allowed subject to 50 percent duty Minimum value addition for tea reduced to 50 percent from 100 percent Export units allowed to sell 90 percent of goods in domestic market Provision for state-run banks to provide dollar credits Twenty-six new markets added to focus market scheme Sops under focus market scheme hiked from 2.5 percent to 3 percent Number of duty-free samples for exporters raised to 50 pieces from 15 New directorate of trade remedy measures to be set up Zero duty under technology upgrade scheme Exports during February, 2008-09 were valued at US $ 11913 million which was 21.7 % lower than the level of US $ 15221 million during February, 2008.
In rupee terms, exports touched Rs. 58685 crores,
which was 3% lower than the value of exports during February, 2007-08.
Cumulative value of exports for the period April-
February, 2008-09 was US$ 156597 million (Rs.705231 crore) as against US$ 145878 million (Rs. 586233) registering a growth of 7.3% in Dollar terms & 20.3% in Rupee terms over the same period last year. Source : http://www.indianstat.com/foreigntrade Imports during February, 2008-09 were valued at US $ 16823 million representing a decrease of 23.3% over the level of imports valued at US $ 21934 million in February, 2007-08. In Rupee terms, imports decreased by 4.9%. Cumulative value of imports for the period April- February, 2008-09 was US$ 271687 million (Rs. 1223213 crores) as against US$ 228081 million (Rs. 917179 crores) registering a growth of 19.1% in Dollar terms and 33.4% in Rupee terms over the same period last year. • Live Animals • Medicines • Dairy products • Iron ores • Tea, coffee, spices • Beverages & liquor • Grains • Jewellery • Herbal extracts • Gem stones • Tobacco • Handicrafts • Stone • Wooden furniture • Drugs, dyes & pigments • Engineering products • Chemical & fertilizers • Surgical & laboratory • Leather instruments • Cosmetics • Readymade garments, • Rubber items etc. • Silk, cotton yarns • Sandal • Ceramics Source : http://commerce.nic.in/ Major Items of Imports • Palm oils • Electrical • Inorganic chemicals appliances & compounds • Home appliances • Organic chemicals • Used machines • Leather chemicals • Computer parts & • Timber logs peripherals • Printing paper • Mobile phones • Types of fibres • Toys, etc. • Steel scraps • Tungsten • Industrial tools THANK