Dear Sellers,
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.
Effective today commercial shipments < INR 500000 is applicable via FedEx and DHL Express.
Please note this would be not be applicable for rest of the Logistic Partners eBay Global Shipping who are offering CSB V.
A Brief update on the CSB V
The Customs Board (CBEC) has issued a notification in August 03, 2018 which states that commercial shipments < INR 5, 00,000 is allowed through courier mode, using CSB V shipping bill.
Key Features:
- 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.
Benefits:
- Smooth Custom Clearance
- GST Compliance
- MEIS Claim
- Less Paperwork.
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
Regards,
Team eBay Global Shipping