We are delighted to announce the Introduction of CSB V for eCommerce shipments effective 13th November’2018 through the Logistic Service Provider – FedEx Express Pvt Ltd.
A Brief update on the CSB V
The Customs Board (CBEC) has issued a notification on August 03, 2018 which states that commercial shipments < INR 5, 00,000 is allowed through courier mode, using CSB V shipping bill.
- CSB-V mandates provision of GST details, IEC & HSN Code.
- Commercial exports using CSB-V are allowed from customs airports at Mumbai, Delhi, Chennai, Calcutta, Bangalore, Hyderabad, Ahmedabad, Jaipur, Trivandrum, Cochin, Coimbatore, Calicut, Tiruchirappalli and land customs stations other than at Gojadanga and Petrapole in West Bengal.
- Shipments going under CSB V can avail of MEIS benefits if they fall under the eligible category i.e. shipments of value up to INR 5,00,000 and involving transaction in foreign exchange.
- Smooth Custom Clearance
- GST Compliance
- MEIS Claim
- Less Paperwork.
The key features and the benefits are subject to applicable laws of India including Courier Imports and Exports (Clearance) Regulations, 1998, Central Goods and Services Tax Act, 2017 and the relevant rules, regulations and state legislation on Goods and Services Tax.
Further information on CSB V please follow the Link https://www.ebayglobalshipping.com/about-csb-v
For queries feel free to contact your eBay Account Manager or the eBay global shipping Team: Shalini Sebastian: firstname.lastname@example.org, Pritish Raut: email@example.com and Carolyn Chalissary:firstname.lastname@example.org.
Team eBay Global Shipping