Export HS Code 700721 (Of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels:) to South Korea

HS Code Details

Code700721
DescriptionOf size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels:
Chapter70
SectionXIII β€” Stone, Cement & Glass
Duty RatePreferential rate may apply under APTA, India-Korea CEPA

πŸ‡°πŸ‡· South Korea

CapitalSeoul
CurrencyWon
RegionEastern Asia
India Export Rank#13
Trade AgreementAPTA, India-Korea CEPA

Exporting Of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels: to South Korea

Trade Agreement Benefit: India and South Korea have a APTA, India-Korea CEPA which may offer preferential duty rates for this product category.

Exporting of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels: (HS Code 700721) from India to South Korea requires careful attention to documentation, packaging standards, and customs regulations.

Indian exporters should ensure compliance with both Indian export regulations (DGFT) and South Korea's import requirements including proper classification under HS 700721, accurate valuation, and meeting any product-specific standards.

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

Related HS Codes in Chapter 70

Other Export Destinations for HS 700721

Export Of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels: to South Korea with XIMPEX

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