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Export HS Code 8463 (Other machine-tools for working metal, or cermets, without r...) to Iraq

HS Code Details

Code8463
DescriptionOther machine-tools for working metal, or cermets, without removing meterial
Chapter84
SectionXVI โ€” Machinery & Electrical Equipment
Duty RateRefer to tariff schedule

๐Ÿ‡ฎ๐Ÿ‡ถ Iraq

CapitalBaghdad
CurrencyIraqi Dinar
RegionWestern Asia
Trade AgreementNone

Indiaโ€“Iraq Trade Data for HS 8463

India exported $1.16M worth of other machine-tools for working metal, or cermets, without removing meterial (HS 8463) to Iraq in 2024.

Export Trend (USD)

2024
$1.16M

Exporting Other machine-tools for working metal, or cermets, without r... to Iraq

Exporting other machine-tools for working metal, or cermets, without removing meterial (HS Code 8463) from India to Iraq requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and Iraq's import requirements.

Key considerations include proper classification under HS 8463, accurate valuation, and meeting any product-specific standards or certifications required by Iraq. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.

Shipping from India to Iraq typically takes 5โ€“15 days by sea, depending on the port of origin and destination. Major Indian ports serving this route include JNPT (Mumbai), Mundra, and Chennai.

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 84

Other Export Destinations for Other machine-tools for working metal, or cermets, without r...

Export Other machine-tools for working metal, or cermets, without r... to Iraq with XIMPEX

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