Trade words
Bill of entry
The customs declaration an importer files to bring goods into India.
Trade words
The customs declaration an importer files to bring goods into India.
Lesson 14 min readHow importing and exporting work, end to endThe whole journey of a shipment in and out of India: who does what, which papers move, and where customs and the bank come in.
Lesson 24 min readIEC: what it is, who needs one, how to apply on DGFTThe 10-character code you need to import or export goods: who is exempt, how to apply on DGFT, and the yearly update that keeps it active.
Lesson 76 min readWhat a customs broker (CHA) does, and the CBLR licenceWho customs brokers are, what they do for importers and exporters, what the law makes them check, and how the CBLR licence exam works.
Lesson 85 min readHS classification: 2, 4, 6 and 8 digitsHow an HS code is built, the six rules customs uses to choose one, why the notes matter, and how to get a binding answer before you import.
Lesson 95 min readCustoms duty: BCD, SWS, IGST and AIDCThe duties on an import into India, the order they are worked out in, how exemptions and trade deals lower them, and which part you can claim back.
Lesson 105 min readAssessable value, CIF and the customs exchange rateHow customs values an import: the transaction value, what is added to it, what happens when freight or insurance is unknown, and which exchange rate applies.
Lesson 115 min readFiling a bill of entry on ICEGATE, step by stepThe three kinds of bill of entry, when to file, the documents to upload, and what happens between filing and out of charge.
Lesson 135 min readTrade agreements and certificates of originWhat a trade agreement gives you, how rules of origin work, which certificate you need and who issues it, and how an importer claims the lower rate.
Lesson 176 min readIncoterms 2020The 11 Incoterms rules: who pays for freight and insurance, where the risk passes, and how your choice changes the customs value.
Lesson 185 min readInvoice, packing list, bill of lading and air waybillWhat each shipping document says, why they must all agree, and the bill of lading choices that decide when the buyer gets the goods.
Lesson 194 min readFCL, LCL, ICD and CFSFull and shared container loads, inland container depots and container freight stations: what each one is and when each makes sense.
Lesson 245 min readReading one shipment recordWhat each field of an Indian customs shipment record tells you, and the traps in descriptions, units and values that mislead first-time readers.
Lesson 255 min readCIF and FOB values, unit price and quantityWhy imports are valued CIF and exports FOB, how to work out a unit price, and how to compare prices fairly across shipments and units.
Lesson 294 min readTracking rule changes for your HS codesWhere changes to duty, policy and standards come from, how to read a notice's dates, and a simple weekly routine to catch them in time.Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.