Customs duty after budget on electronics items imported through Post

Description of goods Total customs duty payable
routers 21.139%

MP3 player 18.624%

calculator 21.139%

Digital camera 34.130 %

DVD player 34.130%

laptop 17.240%

PDA 17.240%

Personal computer 17.240%

scanner 21.139%

printer 21.139%

All type of data storage 0%
devices(all types of drives,cd,digital video etc)

Why people are reluctant to use Post as medium to Import and export

Traceability of Parcel
It is difficult to know status of foreign parcel in India. No identification is assigned in India, if the parcel is not detained by the Customs. The track facility can also be provided for foreign parcels as it is available for Speed Post. The person who sends gift or parcel will be in position to know where his parcel is lying. The traceability of foreign parcel will increase customer satisfaction which will lead to higher profit to Postal department.


Reliability of Post
As India being democratic country, every movement is watched very closely. The bad service is reported very widely but good work by the Postal department is not highlighted. Yes, it is true that Post department have to improve its service and same time become profitable.
The department has to work for better appreciation of its work by the Public. Use of information technology should help in increasing perception of the Post as reliable source of sending goods. The Post is in business of communication and logistics. Its service is compared with UPS, FedEx and DHL. The long term strategy of Indian Post is to provide competitive service in globalised world.

Reverse logistics
Further the Postal department has to collaborate with big multinational company to supply spare parts, repair and maintenance goods, warranty replacement and return goods as strategic service. No service provider has a network of 1.55 lakhs of collection and delivery points and existence in market for more than 150 years in India.

The Postman are better informed about locality and type of people living in a area .In many part of India, it is the postman who is the most educated person and only source to provide information about outside world. No system is better if it is not utilised
properly

पोस्ट ऑफिस से आयत और निर्यात करना बहुत आसान है कोई भी व्यक्ति १०००० रुपैया तक कि भेंट / गिफ्ट बिना किसी शुल्क के विदेश से मंगवा सकता है आप घर बैठे अपना आयत निर्यात का कारोबार भी कर सकते हैं अपने दोस्तो और रिस्तेधारो को भी videsh मे २५००० रूपी तक की सकते भेंट भेज सकते हो

Selling your goods in the international market as Retailer

The network of seven lakhs Post Offices in the world provide you scale of a big retailer. The traditional big retailer is big in size at a particular location and have a network in few countries. Sometimes,they are called as Discount shop.They have a variety of goods and very good ambience.

But you are as an individual seller or exporter utilise internet as source for finding your customer ,order placement and execution,receiving money and tracking your shipment. No inventory and warehousing cost to you.The whole supply chain and logistic function is carried out for you by the Post.

No impact in receivable money on account of fluctuation in foreign exchange.If there is any non delivery of your goods then you are adequately compensated by the company who transact your money.

The overall cost of acquiring customer through internet is minimal only.Therefore,it makes sense for sending and buying through Postal network.

Starting an import and export business through internet and Postal is not very costly affair. The chance of getting sucess through Post is as good or as bad as in any other business activity. The key point is individual ability to get businee and do business.

The Post is just an another infrastructure to carry small scale business.The value may be high but volume is low in the postal business.
ForExample ,sending and receiving high value Jewellary through Post.

You can send daily parcels directly to different customers located in various part of the world.No need to have redistributor and retailer to sell your goods in the foreign market.

Exploring of Postal Franchise Opprtunities in India

Business domain of the Post Office

The modern Post Office are working in addition to regular work as banking and finance company,logistic solution provider , BPO for mailing solution,service of Passport and utility bills etc.On many services they are paying service tax to the nation.

Any person with entreprenual zeal can easily succed in the Postal business. The location of Post-Office and business activity of surrounding population is the key to success.

Use of technology for better service and customer satisfaction

With the use of RFID technolgy for tracking Parcel and mails, use of ATM for money transfer, point of sale terminal for daily business activity of the Post-Office, printer and photocopier for printing and copying solution, use of CRM software for better customer service.

The ambience of the Post-office can be designed in such a way that visiting Post-office become a pleasant experienc.

EXPORT INCENTIVE IS ALSO AVAILABLE FOR GOODS EXPORTED THROUGH POST

DRAWBACK
Drawback is available on goods exported by the Post. The goods should be eligible for drawback purpose. It should figure in Drawback schedule, market price of goods in India should be more than Drawback claim and you should receive foreign remittance from your buyer.
You can claim drawback immediate after your export but if you do not receive your foreign remittance within six months then you have to return the Drawback amount with interest. You may face adjudication and prosecution proceedings if you have exported any thing with the fraudulent intention or violation of any law.

Special Economic Zone (SEZ)
The new engine of Indian growth, The SEZ units , can export/import all products through post parcel/courier

Exporting foreign and indian currency and other financial documents

Export of Indian and foreign currency,, bank drafts, cheques, National Saving
Certificates are not allowed unless accompanied Export of Indian and foreign currency by permit issued by RBI, unless where such negotiable instruments are sent by authorised dealers in India.

Export of purchases made by foreign tourists is permitted on submission of proof that payment was received in foreign exchange.

Some more information on Export and Import of goods for business purpose through Post

If you are selling and buying through Post. You require an Importer Exporter Code (IEC) for carrying out import or export activity. You can download Application Form from the DGFT website. It is very simple process and you get electronically IEC code.

You should be aware about the procedure followed in the country of Import. You should clear from your buyer whether the goods indented for export are not prohibited and what are import duty and domestic tax are charged in the foreign. Some time you have to give additional documents which can be presented by your buyer to their Government agencies.

In case of Post Parcel, no Shipping Bill is required. The relevant documents are mentioned below:
1) Customs Declaration Form - It is prescribed by the Universal Postal Union (UPU) and international apex body coordinating activities of national postal administration. It is known by the code number CP2/ CP3 and to be prepared in quadruplicate, signed by you.

2) Dispatch Note, also known as CP2. It is filled you to specify the action to be taken by the postal department at the destination in case the address is non-traceable or the parcel is refused to be accepted.

३)Commercial invoice – Value declared in the Invoice Issued by the you to your buyer has to be fully realized. You should declare fair value. This value is subjected by Customs Acceptance

4)Packing List - It shows the details of goods contained in each parcel/ shipment.

5)Certificate of Inspection - It shows that goods have been inspected before shipment .
.
6)Weight Note - Required to confirm the packets or bales or other form are of a stipulated weight.

7)Manufacturer's/ Supplier's Quality/ Inspection Certificate-.
Manufacturer's Certificate - It is required in addition to the Certificate of Origin for few countries to show that the goods shipped have actually been manufactured and are available.

8)Certificate of Chemical Analysis - It is required to ensure the quality and grade of certain items such as metallic ores, pigments, etc.

Certificate of Shipment - It signifies that a certain lot of goods have been shipped.

Health/ Veterinary/ Sanitary Certification - Required for export of foodstuffs, marine products, hides, livestock etc.

9)Certificate of Conditioning - It is issued by the competent office to certify compliance of humidity factor, dry weight, etc.

10)Antiquity Measurement - Issued by Archaeological Survey of India in case of antiques.

The Postal department has limitation regarding acceptance of parcel for International dispatch.
Prescriptions regarding the minimum and maximum sizes of the parcel with its maximum weight.There is variation in total weight which can be allowed as per country of export. The postal department can guide you to exact allowance. Generally;

Minimum size: Total surface area not less than 140 mm X 90 mm.
Maximum size: Lengthwise not over 1.05 m. Measurement of any other side of circumference 0.9 m./ 2.00 m.
Maximum weight: 20 kg usually, 30 kg for some destinations

How to export through Post

Speed Up your Parcel - The FAQs

How can delay be eliminated?

􀂄 Ensure that your article is not prohibited for postal carriage
by India Post or export from India. Also ensure that your
article is admissible for import in the country of destination.

􀂄 Certain items are subject to import/export control and must
be accompanied by valid documents. Please check which
document (Certificate of Origin, Invoice, Medical Certificate,
and Import Licence) is required by the destination country.

􀂄 Duly complete Customs Declarations in CN 22 or CN 23.
State detailed description and number of contents. Indicate
separately different kinds of goods. State the value of each
item separately Rupees.

􀂄 Postal Parcels must be accompanied by a dispatch note
CP 71.

􀂄 Pack properly with strong carton boxes; provide complete
address of sender and addressee.

􀂄 Wherever required paste
appropriate Cautionary Labels
(Fragile, Keep Dry, Handle with
Care etc.)

􀂄 Be aware that in case of nondelivery of parcel and when the
item is returned to country of origin according to the sender's
instruction, the sender is obliged to pay the return and other
charges.

You can avail professional advice on all the above from our
PACKPost centres in Chennai.(source : website of Tamilnadu post)

Use of latest Technology by The Postal authority and cost effective logistic solution

The Department of Post is investing Rs 1,400 crore in newer technolgy such as RFID,web based customer response systems, and even mobiles phones for its Postmen.
To increase delivery speed of parcel, the Indian Postal department is contemplating leasing aircraft from Indian Airlines ,agreement with Railways to use `Shatabdi `and `Rajdhani` express trains. The 40 Rajdhani express and 28 Shatabdi express trains would give needed speed to time sensitive delivery of goods.Further, new warehouses and fleet of Vehicles is going to give new image to Logistic activity of Postal Department.

The TVS logistics and HCL computers in Pondicherry have recevied solution from Postal Department.The small scale industry and home based shopper should consider use of Postal network as alternate solution to their logistics need.(Source : Economic Times 9 March,2007)

If parcel is lost before reaching destination

There is compensation for lost registered Parcel.But such compensation have to preferred at the country of booking by the sender of the Parcel.If the Parcel are not registered then no compensation for lost Parcel by the Postal Authority.
If parcel is lost after reaching into India and cleared from the Customs.No refund of duty from the Custom Department.Action lies with Indian Post only.

How does your foreign parcel travel in India

Where is parcel originating and received decides route of your parcel in India.First foreign parcels are received at major foreign Post-office in India .Then they are transported to nearest foreign Post-office or Sub-Foreign Post Office.

As the customs clearance facilities available at these Post offices only.
Generally ,parcels send from USA, first comes to Delhi,then ,they are sorted out and despatched to your nearest foreign Post office as per address given on the parcel.

The parcels originating from Gulf countries comes toMumbai.Similarly,at
Chennai,the foreign parcel are directly coming from Singapore,Sri Lanka,Malaysia,HongKong. Lastly, The parcels despatched from China,Thailand,Japan,Korea and Philippines comes to Kolkatta.

This is just to give an idea, how the parcels are travelled within India and they are examined by customs authority at your nearest Foreign or sub-Foreign Post Office. You should enquire any matter related to Customs clearance at these nearest Post offices.However,exact movement of parcel can be ascertained from the Postal Authority only

Very big opportunity is opening as Postal Franchise

To cut losses and increase its reach, the Department of Posts has recently unveiled plans for franchising postal services.Recently a franchisee Post Office is opened in Chennai

Services like sale of postal stationery, booking of registered post, speed post articles and money orders will be handed over to the franchises.

If any body becomes franchisee of Postal department then not only he get brand of Postal department but get access to network of more than 1.55 lakhs postal offices.In the developed country,postal franchisee is very common.Few strength of postal network is given below.

The postal franchise is very big business opportunity for any entreprenure who can combine business efficiency of private sector with backbone of the Postal department.

India has direct mail links with more than a hundred countries. With the remaining countries, mails are exchanged through third countries. International mail is sent both by air and surface and has varying priorities. The highest priority is accorded to the internatioinal speed-post service.

Reason for delay in receiving Foreign Parcel in India

The parcel are delayed because of inland transportation within country and Customs clearance procedures.
It depends on what do you import and from where do you import.For example, gold and jewellary items require valuation by the jewellary Expert of the Customs department.Similarily drugs and medicine are required clearance from The Assistant Drugs Controller.If you are importing Insecticide and pesticide then you have to obtain clearance as per Insecticide Act.The same procedure is followed whether you receive goods through post, Air cargo ,ICD,and Seaport.

The postal department does not assign any local number if the parcel is not detained by the Customs department.
But ,if it is detained for want of information, then you receive intimation from Postal department with local number and also from the Customs department.
you can enquire status of parcel with this local reference number at Customer care centre of Foreign post Office..

After BUDGET-there is no change in bonafide gift as duty free import

There is overall reduction in customs duty.Bonafide gifts upto Rs 10,000/- can be received in India without any Customs Duty. Mobile phone parts and accessory are now more cheaper to import.People should use Postal channel to import and export goods.

The goods imported for commercial purpose are charged same rate of duty whether you import through Air Cargo,SeaPort and Land Customs.There is no clearance fees and transaction cost involved while importing through Post.The Basic function of Clearing Agent and inland transportation is done by the postal authority.
Where ever import and export through postal is less costly than regular channel of customs clearance ,people should use it.
It is perceived that On-line shopper and Home shopping are done through Postal and Courier.
Happy Shopping