Export HS Code 8505 (Electro-magnets; Permanent Magnets And Articles Intended To Become Permanent Magnets After Magnetisation; Electro-magnetic Or Permanent Magnet Chucks, Clamps And Similar Holding Devices; Electro-magnetic Couplings, Clutches And Brakes; Electro- Magnetic L) to Laos

HS Code Details

Code8505
DescriptionElectro-magnets; Permanent Magnets And Articles Intended To Become Permanent Magnets After Magnetisation; Electro-magnetic Or Permanent Magnet Chucks, Clamps And Similar Holding Devices; Electro-magnetic Couplings, Clutches And Brakes; Electro- Magnetic L
Chapter85
SectionXVI β€” Machinery & Electronics
Duty RatePreferential rate may apply under India-ASEAN FTA, APTA

πŸ‡±πŸ‡¦ Laos

CapitalVientiane
CurrencyKip
RegionSouth-Eastern Asia
Trade AgreementIndia-ASEAN FTA, APTA

Exporting Electro-magnets; Permanent Magnets And Articles Intended To Become Permanent Magnets After Magnetisation; Electro-magnetic Or Permanent Magnet Chucks, Clamps And Similar Holding Devices; Electro-magnetic Couplings, Clutches And Brakes; Electro- Magnetic L to Laos

Trade Agreement Benefit: India and Laos have a India-ASEAN FTA, APTA which may offer preferential duty rates for this product category.

Exporting electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro- magnetic l (HS Code 8505) from India to Laos requires careful attention to documentation, packaging standards, and customs regulations.

Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Laos's import requirements including proper classification under HS 8505, 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 85

Other Export Destinations for Electro-magnets; Permanent Magnets And Articles Intended To Become Permanent Magnets After Magnetisation; Electro-magnetic Or Permanent Magnet Chucks, Clamps And Similar Holding Devices; Electro-magnetic Couplings, Clutches And Brakes; Electro- Magnetic L

Export Electro-magnets; Permanent Magnets And Articles Intended To Become Permanent Magnets After Magnetisation; Electro-magnetic Or Permanent Magnet Chucks, Clamps And Similar Holding Devices; Electro-magnetic Couplings, Clutches And Brakes; Electro- Magnetic L to Laos with XIMPEX

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