Insights · 3 guides

Import compliance guides

These guides are for a business that pays an overseas supplier and has to show the AD bank that the goods arrived. IDPMS is the bank’s record of that match, and it stays open until the Bill of Entry and the remittance agree. One guide is the map of that record. Another stays with the advance you send before the goods move: the papers the bank asks for, and how that advance closes. A third follows the period in the contract and what an extension from the bank changes. They do not repeat the export clock or the services worksheet. Read the map of IDPMS first, then the guide for the payment you are making. Each guide names its author and its sources.

The imports guides

Title and a line on what that guide covers. The short answer stays on the guide.

What is IDPMS, and how does a Bill of Entry close?By CA Abhay Jaiswal · 6 minEvery rupee sent abroad for imported goods has to be matched with proof that the goods arrived. IDPMS is where your AD bank does that matching, and where open items surface when the papers do not line up.Paying a supplier in advance: what your bank will expectBy CA Abhay Jaiswal · 5 minPaying in advance is often the price of getting the goods. For your bank, it is a payment that has left India with nothing to show for it yet, which is why it stays open until the Bill of Entry arrives.Import payment timelines: the contract, the Bill of Entry and IDPMSBy CA Abhay Jaiswal · 8 minThe six-month import rule is what many banks still say out of habit. The regulations that took effect on 1 October 2026 point at the contract instead, and leave the extension with the authorised dealer.

Where imports is handled

Import payments · IDPMSBills of Entry matched to remittances and closed in IDPMS.Purpose code finderThe RBI code for a payment, and the form, tax and GST that follow.Deadline calculatorRealisation, the services EDF, import, advance, merchanting and return dates.

Other topics: Exports · Cross-border tax · Banking · FEMA reporting · The whole library · Glossary