MyLawyersAdvice

“The most problematic part for a Freight Forwarder or for a Customs House Agent CHA is when the shipment is abandoned by the importer. The entire amount with respect to demurrages, detention and freight including the customs duty and other allied expenses are to be borne by someone. Generally the entire problem falls on the head of the Freight Forwarder and the shipping line starts demanding the clearance of the outstanding dues.This emanates the start of a legal dispute or a legal tussle and thus involves the expert legal advice of import export attorney or a import export lawyer or a custom

“Every Exporter should adhere to and comply with the local laws of India and the international trade laws before they export their first consignment or shipment out of India. The elementary legal awareness and knowledge about the laws is the primary requirement in order to avoid defaults and embarrassments. Further, strict compliance of the international maritime laws is also mandatory. The documents provided by the shipping line is/are also to be duly reviewed before their execution. The entire process involves a direct involvement of an import export attorney or import export law firm or a

“Freight Forwarders are the ones who actually book the shipments for the importers and exporters and they are the first point of contact between the consignor and the shipping line. They sometimes also process legal documentation and paperwork regarding customs. Having said that, the industry remains unorganised and freight forwarders face a lot of legal challenges. There are laws which are applicable upon freight forwarders and the legal compliances upon freight forwarders which they have to comply with. All these pointers with respect to freight forwarders have been discussed here in detail

“International trade laws is a combination of mercantile laws or corporate laws, customs laws, laws with respect to foreign currency and maritime laws. All the persons who are involved with respect to international shipping and/or export and import of goods and services have to abide by them. Further, in case of default and/or violation of international trade laws the same attract hefty fines and penalties.There are specialized Attorneys who specifically deal with international shipping and render their legal advice and/or legal consultation with respect to international trade laws. Further,

“Anti-dumping duties are levied on imports that are made overseas and are sold for less than similar products on the domestic market. When it thinks that a product’s low price on the local market indicates that it is being dumped, the government puts anti-dumping duties on foreign imports.The Government from time to time revises the duty and the same involves a lot of legal hassles to deal with. Obtaining a proper legal advice from the best import export attorney or import export law firm or customs lawyer is inevitable. Further, any failure to pay the duties involves huge fines and penalties

“A lot of Non-Resident Indians NRIs invest their hard earned money in real estate or properties in India. However, these NRIs are unaware about the tax structure or the tax implications involved as the same sometimes varies from state to state. Therefore, the NRIs should always consult a good real estate attorney in India before making any investments and should duly understand the tax implications and tax liabilities. NRI legal services in India can be easily obtained by way of legal consultation online through a well experienced real estate attorney in India.”