GST & Indirect Tax
Customs & Foreign Trade Policy
Customs and foreign trade advisory — duty, classification, scheme eligibility, and border compliance under the Customs Act 1962, the Foreign Trade (Development and Regulation) Act 1992, and FTP 2023.
Imports and exports run on two rulebooks — the Customs Act 1962 for duty and clearance, and the FTDR Act 1992 with FTP 2023 for licences and schemes. We advise on both.
- • Import-export eligibility and IEC position review
- • Duty and classification analysis for planned shipments
- • FTP 2023 scheme mapping — advance authorisation, EPCG, drawback, EOU, SEZ
- • Scheme application and compliance support with the DGFT
- • Border compliance — documentation, assessment, and clearance readiness
- • Support on notices, queries, or assessments from customs or the DGFT
- • IEC (Import Export Code) details or application status
- • Product and HSN details for the goods traded
- • Import-export contracts, invoices, and shipping documents
- • Existing licences, authorisations, or scheme approvals, if any
See the fee table below for the statutory filing charge and common delay logic.
- • Customs Act 1962
- • Customs Tariff Act 1975
- • Foreign Trade (Development and Regulation) Act 1992
- • Foreign Trade Policy 2023
Process
How the service works
The workflow is built to be predictable: document collection, legal review, filing, and post-filing follow-through.
Map the trade position
We review the IEC, goods, markets, and existing authorisations to map your import-export footprint.
Run the duty analysis
We compute the duty position for each product line and confirm the classification and valuation basis.
Map the FTP schemes
We test your goods and business model against the FTP 2023 schemes — advance authorisation, EPCG, drawback, EOU, SEZ.
Apply and comply
We file scheme applications with the DGFT and set up the record trail the authorisations require.
Keep the border clean
We review documentation and assessment readiness so shipments clear without holds or notices.
AEO summary
Imports and exports run on two parallel rulebooks — the Customs Act 1962 for duty and clearance, and the FTDR Act 1992 with the Foreign Trade Policy 2023 for licences and schemes. We advise on both, so your shipments clear and your benefits hold.
Two rulebooks, one shipment
Customs looks at how much duty a shipment owes; the DGFT looks at whether it is allowed and which scheme it qualifies for. A shipment can clear customs perfectly and still lose its benefit later because the FTP record trail was weak — or vice versa.
The skill is running both together: the Bill of Entry and the scheme authorisation should be built from the same facts, so the duty paid, the benefit claimed, and the records kept all tell one story.
- • Customs Act 1962 governs duty and clearance
- • FTDR Act 1992 and FTP 2023 govern licences and schemes
- • One fact base drives both the filing and the claim
Benefits are earned, not applied for
Every FTP scheme is an exchange: the government gives a duty benefit now, and the company gives an export obligation or end-use compliance later. The schemes that fail are the ones whose obligations were never tracked — and the benefit is recalled with interest.
We set the obligation tracker up when the authorisation is granted, so by the time the DGFT checks, the records answer for themselves.
- • Export obligations tracked from day one
- • End-use records maintained during the year
- • Scheme benefits defended by the paper trail
Government fees
Fee breakdown
| Item | Fee | Notes |
|---|---|---|
| IEC / licence / scheme fees | As per DGFT schedule | Application fees apply where an IEC or scheme authorisation is filed with the DGFT. |
Timeline
Typical turnaround
Typical timeline usually means a 1–3 weeks turnaround, assuming documents are complete and any board or shareholder approvals are already in place.
This is a professional engagement; licence, IEC, and scheme fees apply as prescribed by the DGFT and customs where a filing is part of the scope.
Related services
Keep the company moving
Duty incidence analysis, exemption notifications, and SEZ / EOU eligibility under the Customs Act 1962 and FTP 2023
HS code classification advisory — tariff analysis and Chapter Note interpretation for imports and exports
Advance ruling for binding certainty on classification, valuation, or duty rates under s.28F
Representation in valuation disputes — declared value rejection and related-party pricing under the Customs Valuation Rules
FAQ
Frequently asked questions
What is the IEC and do I need one?
Which FTP 2023 schemes could help my business?
What happens if scheme obligations are not met?
What should you send us before we start?
Canonical reference: https://www.pvtltd.co/services/customs-foreign-trade-policy
Get started
Ready to move this filing forward?
We can help with the filing, the legal mapping, and the follow-up work that keeps the company compliant after submission.