Trade Regulations

Trade policies

The important policies, procedures and regulations governing foreign trade in India include:

 

Trade agreements

India has entered into trade agreements with several countries and is currently in negotiations with many others. Under these agreements, India as well as participating country(ies) provide mutual trade concessions, which often includes duty reduction or elimination of tariffs on key products, relaxation in trade related norms in other areas like service sector, etc.

The countries/ regions with which India has entered into trade agreements include Nepal, Sri Lanka, Singapore, Chile, Afghanistan, Bhutan, Korea, SAARC, ASEAN and Mercosur.

To access various international trade agreements, click here.

 

Export Procedures

To access information on procedures for obtaining export license, export of samples, processing of shipping bills, etc, click here.
 

Import Procedures

To access information on procedures and details related to import duties, bill of entry, green channel facility and anti-dumping, click here.
 

Trade Barriers

Exporters must also be aware of various trade barriers, including tariff and non tariff barriers. With the lowering of tariffs following WTO rules, NTBs have come into prominence with Members using these measures to erect entry barriers for goods and services.

To know more details on trade barriers, click here.

 

Registration with DGFT

Before commencing business, exporters and importers need to register with the Directorate General of Foreign Trade (DGFT) and obtain Importer Exporter Code Number (IEC). Please read the “How to become an exporter” section to know more.
 

Input Output Norms

DGFT has issued Standard Input Output Norms (SION) for major products. To know the SION for your product(s), click on the links below:
Notes

 


 

Download Useful Forms

 

To download various exports and import related forms like IEC form, forms for export license, forms for claiming duty drawback, etc. click here.