Export/Import Updates!
Mundra (INMUN), Bhuj, India

Mundra

Mundra (INMUN), Bhuj, India
ADDRESS
Adani Ports and SEZ Ltd., Navinal Island, Mundra, Kachchh, Gujarat , 370421
EMAIL
Text Link
www.portofmundra.com
FAX
91-2838-255110
CORPORATE OFFICE
62, 6th Floor, Maker Chambers III, Nariman Point, Mumbai, Maharashtra 400021
ANNUAL CARGO TONNAGE
112.8 million (2013-2014)
ANNUAL CONTAINER VOLUME
1.75 million TEUs (2015)

Requirements to ship to the ports

Capital goods can be imported with a license under the Export Promotion Capital Goods plan (EPCG) at reduced rates of duty, subject to the fulfillment of a time-bound export obligation.

An advance license is issued to allow duty free import of inputs, which are physically incorporated in the export product (making normal allowance for wastage). In addition, fuel, oil, energy, catalysts etc. that are consumed during their use to obtain the export product, may also be allowed under the plan. The raw materials/inputs are allowed in terms of Standard Input-Output Norms (SION) or self-declared norms of exporter.

All importers must accompany a copy of the L/C to ensure that payment for the import is made. Normally this document is counter-checked with the issuing bank so that outflow of foreign exchange is checked.

If a Bill of Entry is filed without using the Electronic Data Interchange system, the following documents are also generally required:Signed invoice;Packing list;Bill of lading or delivery order/air waybill;GATT declaration form;Importer/CHA declaration;Import license wherever necessary;Letter of credit/bank draft;Insurance document;Industrial license, if required;Test report in case of chemicals;Adhoc exemption order;DEEC Book/DEPB in original, where applicable;Catalogue, technical write up, literature in case of machineries, spares or chemicals as may be applicable;Separately split up value of spares, components, and machinery; and,Certificate of Origin, if preferential rate of duty is claimed.

About the port

Mundra port, owned and operated by the Adani Group, is also a SEZ. Located on the Gulf of Kachchh, Mundra port is one of the most tech savvy and mechanised ports in India.

Handling

Mundra port is the only port in India that has handling and storage capacity for container, break bulk, liquid, crude oil, automobiles, and dry bulk cargo. It has 12 berths for dry cargo, 4 for liquid cargo, 2 for crude oil, and 6 for container cargo. The berths are equipped to handle the largest vessels in the world. The port also has warehouse capacity to store 630,000MT cargo, and yards spread across 1.06 million sq. mt. for storage of timber, project cargo, minerals, and steel.

History

This port gained importance after the Gujarat Maritime Board approved of setting up a captive jetty in 1994. With the onset of 1998, the Port of Mundra became an important transhipment centre, allowing easy import and export of commodities across borders. Today, it is has become a busy modern port quickly spreading out along the coastline.

Importance

The port’s status as a multi-product SEZ and easy connectivity via rail, road, airways, and cross country pipelines makes it a critical trade centre.