CIMS Registration in India
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CIMS Registration in India - Fees, Process and Documents Required
India has made significant strides in international trade and commerce, emerging as a key player in the global coal industry. With the growing demand for coal, ensuring the smooth flow of coal imports is crucial. To facilitate this, the Indian government has implemented the Coal Import Monitoring System (CIMS). CIMS is an online platform that enables importers to register and track their coal imports. It also provides valuable information on coal prices and other market data. The primary objective of CIMS is to help the government regulate the coal import market and safeguard domestic coal producers from unfair competition. Additionally, CIMS plays a vital role in ensuring that only high-quality coal is imported into the country.
What is CIMS Registration?
CIMS, or Coal Import Monitoring System, is a digital platform launched by the Indian Ministry of Commerce and Industry to effectively monitor and regulate the import of coal products into India. Before shipping products to India, importers must register their coal import-related information in an online database. This information includes the name of the importer, the country of origin of the coal, the quantity of coal being imported, and the port of entry. CIMS is designed to help the Indian government track the import of coal products and ensure that only high-quality coal products are imported into the country. It is also designed to help the government protect the domestic coal industry from unfair competition from imported coal products.
Documents required for CIMS Registration
- Basic details and documents of applicants
- Proof of Business
- Digital Signature Certificate (e-Token)
- Import Export Code
- RCMCs (Registration Cum Membership Certificate)
Eligibility For CIMS Registration
Product Name | HS Code |
---|---|
Anthracite Coal | 27011100 |
Bituminous Coal | 27011200 |
Coking Coal | 27011910 |
Steam Coal | 27011920 |
Other Coal | 27011990 |
What is the Fee for CIMS Registration
The Fee for CIMS Registration is ₹500 as directed by the Director general of foreign trade (DGFT).