Reasons for restrictions to import goods

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Restriction to import goods

Reasons for restrictions to import goodsThis article explain about restriction of goods to import, objective of restriction to import of goods etc.

What is the meaning of restriction of import of materials?

One of the main objectives of restriction of goods to any importing country is that import of such goods should not weaken the economic status of importing country. Restriction of import does not mean prohibition to import. If any goods are restricted to import, the government fixes some sort of barriers to import, which importer has to overcome such barriers. Means, certain procedures have to be completed to import such restricted products.

If any import of goods adversely affects the health of human, animal, plants and other species, such goods also may be restricted to import by the government of importing country. The restriction to import any goods is decided by the government of importing country under foreign trade policy amended time to time if necessary. The list of such restricted goods for import is published by government of importing country with amendments time to time. The importer may collect information on their importing products from authorities, whether it falls under restriction list of importing nation.

 

A brief description about the subject is explained here.   You may contact concerned government agency for latest update.      

Also read:  What is Retail Sale Price, RSP under import duty calculation     Meaning of CVD ,Countervailing Duty under import duty calculation      Certification of Phyto Sanitary under exports and imports      Air emission standard under exports and imports     Certification from Pollution control Board      Maintaining quality under importation of goods      Process under import of weight and measures      How does Anti dumping duty work?      Obtaining No Objection Certificate from Plant Quarantine Department      How to differentiate Prohibition to import and restriction to import      Import of goods? mind noise!      Restricted to import designed ports only     Why Prohibition to import goods      Transportation of Hazardous waste      Difference between Multilateral Trade Agreements and Bilateral Agreements

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Comments


yashawant chawla : i had a look at you website http://howtoexportimport.com/ , hence i was wondering if you could help me confirm some information , if i was to import a vehicle from united kingdom to India , am i eligible for the exemption of custom charges and import duty charge? i am confused with regulation GENERAL EXEMPTION 151 , http://www.cbec.gov.in/customs/cst2012-13/cs-gen/cs-gen141-151.pdf , i cannot understand the rule , if you help me understand who is eligible for the exemption , do i have to be an indian resident or tourist or a foreigner. i look forward to hear from you thank you

Admin: yashawant chawla, The import for commercial purpose and import for personal use attracts different import duty structure. Please contact a consultant expert in import export customs regulations and taxes

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