- \n
- Oil refined products<\/li>\n\n\n\n
- Medicines<\/li>\n\n\n\n
- Diamonds<\/li>\n\n\n\n
- Rice<\/li>\n\n\n\n
- Jewelry articles and parts thereof, of precious metal or of metal clad with precious metal<\/li>\n\n\n\n
- Cars.<\/li>\n<\/ul>\n\n\n\n
What is imported from India to Europe?<\/h3>\n\n\n\n
- \n
- Chemical industry products<\/li>\n\n\n\n
- Mechanical and electrical devices<\/li>\n\n\n\n
- Common goods and goods made of common metal<\/li>\n\n\n\n
- Agricultural products (tobacco, tea, coffee, and tea essences and extracts).<\/li>\n<\/ul>\n\n\n\n
What is imported from India to the US?<\/h3>\n\n\n\n
- \n
- Pearls, precious stones, metals, coins<\/li>\n\n\n\n
- Pharmaceutical products<\/li>\n\n\n\n
- Machinery, nuclear reactors, boilers<\/li>\n\n\n\n
- Electrical and electronic devices<\/li>\n\n\n\n
- Organic chemicals<\/li>\n\n\n\n
- Textiles.<\/li>\n<\/ul>\n\n\n\n
Importing from India \u2013 Importer\u2019s obligations<\/h2>\n\n\n\n
Import from India can become a beneficial investment for European entrepreneurs. However, one should remember that the import process requires proper preparations and knowledge. Below, we present all the crucial issues that must not be overlooked when importing goods from India.<\/p>\n\n\n\n
How to start importing?<\/h3>\n\n\n\n
Before starting to import, there are a few steps that every entrepreneur needs to overcome to import products to the EU. The first of them is opening a business. Owning a registered company is necessary to carry out the import process.<\/p>\n\n\n\n
Proceeding, one needs to apply for an EORI number<\/a>. All entrepreneurs performing any customs operations in the EU are obliged to obtain it. It’s a number unique for every company that is granted only once. The application for an EORI number is submitted electronically, and it’s free of charge procedure. Remember, without this number you can’t carry out any import operation. Simultaneously, the Customs Office will stop your goods.<\/p>\n\n\n\n
Importing from India to the EU \u2013 Duty rates<\/h3>\n\n\n\n
Before importing from India, one must check duty rates for the chosen products. Payment of customs and tax duties is an integrated part of every import process. To check tariffs for goods from India, you can use TARIC<\/a> \u2013 an utterly free tariff system. Moreover, you can also find other essential data in the system, e.g., HS codes, anti-dumping duties, and others.<\/p>\n\n\n\n
The duty on imports from India appears under “Erga Omnes”.<\/p>\n\n\n\n
Duty rates for some of the products from India:<\/strong><\/p>\n\n\n\n
- \n
- T-shirts, singlets and other vests, knitted or crocheted, of cotton (6109100010) \u2013 12%<\/li>\n\n\n\n
- Tracksuits, ski suits and swimwear, knitted or crocheted, of cotton (6112110000) \u2013 12%<\/li>\n\n\n\n
- Jerseys, pullovers, cardigans, waistcoats and similar articles, knitted or crocheted, of wool (6110113000) \u2013 12%<\/li>\n\n\n\n
- Women\u2019s or girl\u2019s blouses, shirts and shirt-blouses of silk or silk waste (6206100000) \u2013 12%<\/li>\n\n\n\n
- Diamonds, whether or not worked, but not mounted or set (7102100000) \u2013 0%<\/li>\n\n\n\n
- Articles of jewelry and parts thereof, of other precious metal, whether or not plated or clad with precious metal (7113190000) \u2013 2.50%<\/li>\n<\/ul>\n\n\n\n
Documents for importing from India to the EU<\/h3>\n\n\n\n
One of the crucial issues when importing is correct documentation for goods imported into the EU. The one responsible for assuring all the necessary documents is always the importer. Some of the documents are mandatory for all products, independently from their specification or purpose of use. On the other hand, some products require additional certificates or other documents or markings.<\/p>\n\n\n\n
Therefore, it\u2019s important to get acquainted with proper regulations for your products that are valid in the European Union. These are, e.g., New Approach Directives and harmonized norms, but also EU regulations.<\/p>\n\n\n\n
Obligatory documentation for importing from India:<\/strong><\/p>\n\n\n\n
- \n
- Commercial Invoice<\/a> (received from a supplier)<\/li>\n\n\n\n
- Certificate of Origin<\/a> (received from a supplier)<\/li>\n\n\n\n
- Bill of Lading, B\/L, BOL<\/a> \u2013 in case of maritime transport<\/li>\n\n\n\n
- Air Waybill (AWB)<\/a> \u2013 in case of air transport<\/li>\n\n\n\n
- Packing List (P\/L)<\/a><\/li>\n\n\n\n
- Customs value declaration<\/li>\n\n\n\n
- The single administrative document \u2013 SAD (received after the customs clearance).<\/li>\n<\/ol>\n\n\n\n
Additional documentation for importing from India (dependent on a product\u2019s specification):<\/strong><\/p>\n\n\n\n
- \n
- CE Certificate<\/a>, Declaration of Conformity, Test Reports \u2013 for electronics, electrical appliances, medical devices, toys, and many others<\/li>\n\n\n\n
- CITES permit or certificate<\/a> \u2013 for specimens of fauna and flora<\/li>\n\n\n\n
- Fumigation certificate \u2013 for unprocessed wooden products, e.g. pallets<\/li>\n\n\n\n
- and others.<\/li>\n<\/ol>\n\n\n\n
Shipping goods from India<\/h2>\n\n\n\n
Goods from India can be shipped via sea or air freight. Sea transit is the most popular method not only on this route but also in international trade in general. Importers tend to choose this option due to its relatively low price and the possibility of transporting products in containers. In the case of sea transport, one must decide between two available options: FCL (Full Container Load) or LCL (Less Container Load) transport. However, it would help if you kept in mind that sea freight is the slowest way to deliver your goods.<\/p>\n\n\n\n
- CITES permit or certificate<\/a> \u2013 for specimens of fauna and flora<\/li>\n\n\n\n
- Certificate of Origin<\/a> (received from a supplier)<\/li>\n\n\n\n
- Commercial Invoice<\/a> (received from a supplier)<\/li>\n\n\n\n
![\"Transport](\"http:\/\/examinechina.com\/wp-content\/uploads\/2021\/11\/transport-from-india.jpg\")