DOCUMENTS PAYMENT

SHYAM DHAL
DIRECTOR
DEPARTMENT OF CUSTOMS
 Customs Offices

Customs North South Total

Main 10 19 +Airport = 20 30
Sub Customs 7 136 +Post office= 137 144
Total 17 157 174
• AGREED ROUTE FOR MUTUAL TRADE TO
INDIA
– 22 ENTRY POINTS (Treaty of Trade)
• TRAFIC ON TRINSIT VIA CALCUTTA
– 15 POINTS (Treaty of Transit)
• BASIS OF CUSTOMS VALUATION
– FOB FOR EXPORT
– CIF FOR IMPORT
– BUYING RATE FOR EXPORT
– SELLING RATE FOR IMPORT
• EXCHANGE RATE APPLICATION : DATE OF
CUSTOMS CLEARANCE.
 EXPORT IMPORT

INDIA OVERSEASE INDIA OVERSEASE CHINA

(TIBET)
INDIA OVERSEAS TIBET BHUTAN

Local

DRP

In Bond
1. Bhansar Pragyapan Patra (BPP)
2. Invoice
3. Packing List
4. Other specific documents, Certificate etc. required by
existing rule
5. Nepal Invoice (In Bond Form)
6. Bi. bi.ni. form no. 4

6. Nepal Invoice
 Export

INDIA OVERSEASE
 Export

INDIA OVERSEASE
1. Bhansar Pragyapan Patra (BPP) 1. Bhansar Pragyapan Patra (BPP)
2. Packing List 2. Commercial Invoice
3. Mode of Payment
3. Certificate of origin
4. Packing List
4. Commercial Invoice
5. Certificate of origin
5. Other specific documents,
6. Bibini form
certificate, etc
7. GSP Form
8. CTD form
9. Other specific documents, certificate, etc
1st Page 2nd Page 1rd Page
Nest Page of Invoice
Front Page Back Page
 INDIA OVERSEAS TIBET BHUTAN

EXPORT IMPORT EXPORT IMPORT EXPORT IMPORT

 INDIA - EXPORT
• WITHOUT MODE OF PAYMENT
• LETTER OF CREDIT
• DRAFT TT
 INDIA - IMPORT
• WITHOUT MODE OF PAYMENT
• LETTER OF CREDIT
– IN DOLLAR FOR CERTAIN
COMMODITIES
– IN INDIAN RUPEES
• DRAFT TT
• ADVANCE PAYMENT
 OVERSEAS - EXPORT
• LETTER OF CREDIT (10% deposit &
cheque in favor of Customs)
• DRAFT /TT
• ADVANCE PAYMENT (Issued by Bank)
 OVERSEAS - EXPORT
• Cash Against Document (CAD)
– 10% security
– Up to US $ 2,00,000
– Export = overseas
• Back to Back
– Raw material import (CLOTH)
– Payment by finished product (garment)
– Import from India = o.k.
– Export = overseas
• CMPT (Cutting, Manufacturing, Trimming and Profit)
– 35% VALUUE ADD IN fob.
 OVERSEAS - IMPORT
• LETTER OF CREDIT
• DRAFT /TT UPTO US$ 50,000
• DOCUMENT AGAINST PAYMENT
OVERSEAS – IMPORT-TIBET
• BARTER (FOR SPECIFIC COMMODITIES)
• CASH US$ 3000
• DRAFT /TT UPTO US$ 50,000 (10%
DEPOSIT)
• LETTER OF CREDIT (10% DEPOSIT)
• CREDIT (10 PERCENT IN CUSTOMS)
BHUTAN – EXPORT/IMPORT
• LC IN INDIAN CURRENCY ONLY
 IMPORT LINKS
• FOR CUSTOMS REGULATION
www.customs.gov.np
• FOR FOREIGH EXHANGE REGULATION
www.nrb.org.np