For the most current information on India’s Prohibited Import List, please see: www.exim.indiamart.com/freedlist/prohibited.html
Though this is relatively high, but as per the WTO commitments India is going to slowly reduce it.
The Central Board of Excise & Customs- CBEC is the apex body for customs matters.
For duty free clearance the value of individual sample should not exceed Rs.5000/- and aggregate value should not exceed Rs.60 000/- per year or 15 units of samples in a year. However, the Prototypes of engineering goods can be imported even if the value is more than Rs.5000/-.
Most Indian manufacturers use the traditional three-tier selling and distribution structure: redistribution stockists, wholesalers and retailers. However, with the advent of shopping malls in the retail sector, manufacturers are now ready to supply directly to large retail outlets at discounted prices.
India still does not allow foreign direct investment in retailing, so foreign companies need to partner with local companies to enter the market. For more information on FDI & Retail sector, visit the site: Ministry of Commerce.
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Last Updates: October 2014