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Procedures to import Man-made staple fibers, inc. Yarns etc
Common idea on how to import Man-made staple fibers, inc. Yarns etc is explained in this post.
This information supports importers of Man-made staple fibers, inc. Yarns etc goods from overseas countries applicable to almost all countries worldwide. Some of the items under this category are prohibited or restricted in some countries. If you are importing any commodity, you need to obtain accurate information from concerned government departments of importing country, as the details given in this post provides only a common idea about import of Man-made staple fibers, inc. Yarns etc.
Although the procedures and formalities to import man made staple fibers, yarns etc. changes slightly between country to country because of unilateral, multilateral and other agreement between countries, most of the procedures and formalities are same in all countries after globalization of trade by General Agreement on Tariff and Trade, GATT. More trade liberalization is expected in near future for WTO countries through Trade Facilitation Agreement TFA likely to be introduced within a couple of years.
Special requirements to import Man-made staple fibers, inc. Yarns etc
Permission to import only non hazardous dyes.
Import of textile and textile articles is permitted subject to the condition that they do not contain any of the hazardous dyes whose handling, production, carriage or use is prohibited in most of countries.
Anti dumping duty
Some of the importing items under Man-made staple fibers, inc. Yarns etc importing from some of the countries attract anti dumping duty. The reason for imposing anti dumping duty is for rectification of trade distortive effect of dumping and re establishes fair trade. World Trade Organization WTO members as per GATT (General Agreement on Tariff and Trade) permit their member countries to take individual decision on imposing such anti dumping duty to ensure fair trade rather than protecting domestic industry.
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General requirements to import
Government registration: In most of countries, government registration is required to become an importer in the country who only can act as an importer. Foreign Trade government office of respective country is responsible to issue such authorization to become an importer. For example in India, IEC number (Import Export Code Number) is obtained from the office of Director General of Foreign Trade office to operate as an importer and exporter in India. This process to become an importer is a onetime process, but renewal may be required as per the terms and conditions of such foreign trade office of a country. Nowadays, in most of the countries, the information on such registration for importer – exporter is linked with customs location and reserve bank, as process of imports and exports are online digitalized. So the importers of Man-made staple fibers, inc. Yarns etc is also required to contact concerned government agencies of their importing country to verify whether such onetime registration is necessary or not.
Procedures to import: The importer and supplier mutually agree terms and conditions about import sale prior to actual shipment of imports. Pricing, quality specifications, terms of payment, terms delivery, and mode of transport and other terms and conditions are agreed and mentioned in purchase order and import shipment of Man-made staple fibers, inc. Yarns etc is effected accordingly.
As you know, under any importation of goods, necessary import documentation and customs clearance procedures at importing country have to be completed either importer’s customs broker or importer directly as per foreign trade policy of respective importing country. For importing Man-made staple fibers, inc. Yarns etc also, import entry documents along with carrier’s document (Bill of Lading /Airway bill), commercial invoice, packing list, certificate of origin and other required documents are filed and necessary import procedures are completed to take delivery of imported goods under Man-made staple fibers, inc. Yarns etc. Nowadays, necessary information is filed online and produces required documents at the time of inspection, assessment or delivery of import of goods at destination customs location. The international partners of countries share quality measures each other and exempt from multiple inspection on same products both for export and import. However, as per the policy of most of the developed countries import of goods from Least Developed Countries (LDC) need to be certified by authorized agencies before export. So, if any import of Man-made staple fibers, inc. Yarns etc takes place, the details of such information can be obtained from necessary government agencies of importing country.
Certificate of Origin to import Man-made staple fibers, inc. Yarns etc :The source of origin of imported Man-made staple fibers, inc. Yarns etc is required in almost all countries. So a certificate of origin issued by necessary approved authorities at exporting country is required to import Man-made staple fibers, inc. Yarns etc. Certificate of origin helps to determine origin of imported goods to avail exemption on import duties and taxes. Different unilateral, multilateral and bilateral agreement between countries also allows imports and exports with exemption of import duties where in Certificate of Origin is the primary proof on country of origin of importing goods under Man-made staple fibers, inc. Yarns etc
In this article, the documentation, process and formalities to import Man-made staple fibers, inc. Yarns etc are explained. As explained above, this information are generally applicable for all countries. These details on how to import Man-made staple fibers, inc. Yarns etc are given to provide a basic idea to bring Man-made staple fibers, inc. Yarns etc from foreign country. Specific requirements for each importing country need to be followed by importers and exporters of Man-made staple fibers, inc. Yarns etc.
I hope, the above information helps you in gaining basic knowledge on documentation, procedures and formalities in importation of Man-made staple fibers, inc. Yarns etc.
The above information is a part of Export Import Training course online
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The above post commonly explains on the questions given under about import guidelines of Man-made staple fibers, inc. Yarns etc. These products fall under chapter 55 of HS code. Please contact authorized government agencies of importing country for accurate information on importation procedures and formalities:
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