Custom Law in India forms the foundation of all cross-border trade. Governed by the Customs Act, 1962, it ensures proper documentation, valuation, classification, and duty payment on goods entering or leaving the country. Whether you’re an importer or exporter, adhering to Custom Law is not optional—it’s essential for the smooth clearance of shipments, avoidance of penalties, and protection of your business reputation. From HS code classification to duty structure and EDI filing through ICEGATE, Custom Law covers multiple layers of compliance. At Sriya Enterprise, we help businesses understand and implement every requirement of Custom Law, ensuring hassle-free trade operations. Stay ahead, stay compliant.
The need for this blog arose from a conversation with an MSME exporter. During our discussion, I asked about the regulatory compliances required for executing an international trade transaction. The response surprised me—according to them, only Customs regulations were relevant…