We are a tech startup and we are planning to import mobile phones from abroad.
Most of the goods are allowed to be imported freely, without any restrictions. However, there is a negative list of import. It consists of: a) Prohibited items. (59 Items) b) restricted items (155 items) c) Items allowed by State Trading Enterprises (15 items). Except for goods included in the negative list which require licence under the Foreign Trade Policy in force, banks may freely open letters of credit and allow remittances for import.
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